China has confidence to prevent systemic risks: PBOC governor

Xinhua | Updated: 2017-10-15 09:06

WASHINGTON - China has capacity and confidence to control systemic risks while maintaining steady growth, said Zhou Xiaochuan, governor of the People's Bank of China (PBOC) on Saturday.

华盛顿 -  中国人民银行的负责人周小川在这周六说，中国有能力和信心去解决系统性的问题，与此同时还要保证稳定上升

"The Chinese government has the capacity and confidence to prevent systemic risks and maintain healthy and stable economic operations," said Zhou in a statement sent to the International Monetary and Financial Committee (IMFC) meeting.

“中国政府有能力和信心去防止系统性的问题并维持一个健康稳定的经济运行，“周小川跟国际货币与金融委员会说

According to the central bank official, China has set financial risks control as a top priority, and has taken measures to control risks in shadow banking, reduce corporate leverage, and prevent property market overheating in some areas.

根据中央银行管理人员的信息，中国已经将金融风险控制放在了首位，还对影子银行的风险控制采取措施，减轻公司债务，和防止一些地区的房地产业过热

"In recent years, due to factors such as the economic slowdown, structural adjustment, and high volatility in the international financial markets, the potential risks in China's financial industry have increased, but in general, the risks are manageable," said Zhou.

周小川说，“近些年，由于国际金融市场的经济降温，结构调整和高波动性等因素，中国金融行业的潜在风险提升了，但总的来说，风险是可控的。“

In order to ensure steady growth while avoid the rise of systemic risks, China will continue to maintain stability and continuity of its macroeconomic policies, said the official.

有关部门表示，为了在确定稳定增长的同时避免提高系统性风险，中国会继续保持稳定性和继续实行宏观经济条例。

Chinese economy grew at a fast pace of 6.9 percent in the first half of this year, with consumption and services sector contributing major share of the economic growth.

中国经济在意一个很快的节奏增长，今年上半年增长了百分之6.9，消费和服务业占了很大的比例。

In view of the better-than-expected growth, the International Monetary Fund (IMF) upgraded its forecasts for Chinese economic growth in this year and next year to 6.8 percent and 6.5 percent respectively.

鉴于是预料之外的增长，国际货币与金融委员会提高了对中国经济增长的预期，明年可以增长百分之6.8，保守估计百分之6.5

IMF chief Christine Lagarde said at a press conference during the IMF/World Bank annual meetings that the IMF welcomed China's decisions to tame and reduce credit growth. She suggested China should continue the policies to rein in credit growth in order to prevent financial risks.

国际货币与金融委员会主管Christine Lagarde在IMF／世界银行年会的记者招待会上表示，IMF欢迎中国减缓信贷增长。她建议中国应该继续现在的条例去控制信贷增长，这样可以预防金融风险