In the second half of the monetary policy will not have a big adjustment

"In general, the second half of this year, implementation of prudent monetary policy, if there is a need to do some adjustment. At the same time there will be no big adjustment, if there is one adjustment, also is fine."

This is the people's bank of China governor zhou xiaochuan said in an interview with China central television (CCTV) today.Zhou xiaochuan said that the current economic growth at 7.5%, is in itself a normal level. First to see the environment of international economy is not short radius 90 degree elbow very good. Steady growth of economy is basic, we can reach this level, is very not easy.

Statistics show that in the first quarter of 2013, China's GDP growth of 7.7%, but also fell to 7.5% in the second quarter. As a result, the economics of China's economic "hard landing" fears began to increase."I don't claim to be used in economic growth, the so-called floating in the air, or hard landing such a notion." Zhou xiaochuan, said the inner motive power to China's economic growth remains strong, will not appear this kind of so-called continuity in the way. We will find a balance point, maintain good ASTM A234 WPB Carbon Steel Equal Tee china producer economic growth, structure and optimized at the same time, to intensify efforts to reform and open policy, the operation of leeway.

Specific to the monetary policy, zhou xiaochuan, again emphasized China's monetary policy target, namely, monetary policy needs to take care of to economic growth, employment, price level and international balance of payments. Zhou xiaochuan said, will continue to carry out the API oil welded steel pipe steady monetary policy.Answer whether the future will appear as in June, when the market liquidity strains, zhou xiaochuan, said from a middle stage, China's economy overall liquidity abundant, will have great influence because of the effect of short term.

On July 19, the people's bank of China announced that since July 20, 2013 opening financial institutions lending rate control in an all-round way. Today, the loan interest rate full liberalisation has last January. Zhou xiaochuan said that from the point of average loans (interest rates), don't say change dramatically, but the degree of freedom has widened.