Lu Lei says that during the 15th Five-Year Plan period, the central bank will optimize the modern monetary policy framework system.

Deputy Governor of the People's Bank of China, Lu Lei, stated that during the "15th Five-Year Plan" period, the People's Bank of China will further improve and optimize the framework of a modern monetary policy with Chinese characteristics. The People's Bank will firmly maintain the stability of the currency's value, thereby promoting economic growth and effectively supporting the high-quality development of the real economy. At the same time, it will gradually de-emphasize quantity-based intermediate targets and pay more attention to the use of interest rate tools for regulation. (Securities Times).