China's Central Bank Will Keep Policy Appropriate and Supportive: Governor

The video discusses the economic policies of major economies, focusing on China's 2021 performance and future prospects. It highlights the challenges faced by emerging markets due to global financial conditions and the importance of regional financial cooperation. Currency swaps and local currency settlement frameworks are emphasized as tools for enhancing financial stability and trade. The video concludes with a call for continued cooperation to promote local currencies and ensure economic resilience.

What measures have been taken to enhance local currency usage in trade?

How does the People's Bank of China support regional financial cooperation?

What is the significance of promoting local currencies in regional trade and investment?