cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.
Financial policies are required to further support small and private companies, and fun
ding through the capital market is supported by the authorities, according to the statement.
The central bank had skipped open market operations for 15 conse
cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste
m” was the main reason for the absence of open market operations, according to a statement from the central bank.
To cut or not to cut the RRR, a strong tool for liquidity adjustm
ent, has become a hot topic since April, not only for investors, but also for policy advisers.
Divergent opinions are spreading among a broader group of market observer
s. The market is trying to get more indications from the monetary authority, although the C
hinese central bank barely sends any hints on possible monetary policy operations before taking action.
rd phases, with 1,000 booths booked by 650 enterprises from 38 countries and regions.
The first phase of the import exhibition has 616 booths displaying electronics and home appliances, build
ing materials and hardware and mechanical equipment. There will be 384 booths in the third phase, m
ainly displaying food and beverage products, household goods, fabrics and home textiles.
Xu Bing, a spokesperson for the Canton Fair, said on Sunday that the 124t
h fair received exhibitors from ten countries and regions. According to Xu, a chamber of com
merce from Istanbul said the fair had helped many Turkish enterprises explore the global market.
“Design for trade” will be a highlight at the upcoming fair. About 100 design companies and institut
ions from 15 countries and regions, including the United States, Germany, France, Italy, Austr
alia, the Republic of Korea and Japan, have registered to participate in the design exhibition at the fair.