Zhu Hexin: There is still room for future monetary policy, and we will closely observe the effect of the policy and make good use of the reserve policy

On April 18, Zhu Hexin, deputy governor of the People's Bank of China and director of the State Administration of Foreign Exchange, said at a press conference of the State Council Information Office that since the beginning of this year, a series of monetary policies made in the early stage are gradually coming into play. There is still room for future monetary policy. The next step will be to closely observe the policy effect, economic recovery and target achievement, and make good use of the reserve policy.