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China to stick to structural deleveraging, risks under control: central bank

Reuters  |  BEIJING 

(Reuters) - will press on with its structural as financial risks exposed earlier have been dealt with in an orderly way, said in remarks published on Wednesday.

will maintain the steady and healthy development of stock, bond and foreign exchange markets, the official agency quoted Yi as saying.

While reiterating a prudent monetary policy, Yi said the will improve its policy transmission mechanism in order to step up support of the real

An incentive scheme will be established to encourage banks to support the real and boost lending for small firms, Yi said. China's financial risks are generally under control while its macro-leverage ratio is basically steady, he added.

(Reporting by Monitoring Desk; Editing by Simon Cameron-Moore)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 09 2019. 16:19 IST