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BEIJING, March 22 (Xinhua) -- China's monetary policy is still "quite prudent" in spite of recent cuts of the reserve requirement ratio (RRR) and benchmark interest rates for banks, central bank governor Zhou Xiaochuan said Sunday.
The wave of RRR and rate cuts beginning in November last year have prompted speculation that China's monetary policy has turned from "prudent" to "loose" as downward pressure on growth continues.
"Judging from the speed of credit expansion and aggregate credit supply expansion [url= http://www.theravensteamsho...tml]Marlon Humphrey Womens Jersey[/url] , China's monetary policy is still quite prudent," Zhou said at the ongoing China Development Forum.
A prudent monetary policy in the context of a "new normal" economy should be both supportive of economic growth and promoting structural reforms, he added.
VLADIVOSTOK, Oct. 21 (Xinhua) -- A group of Chinese university student gave a traditional Chinese art performance here Tuesday, as part of the celebrations on the 10th anniversary of the founding of the first Confucius Institute.
Over 200 spectators were delighted by the Chinese music performed with traditional string instruments such as pipa and erhu [url= http://www.theravensteamsho...html]Lamar Jackson Womens Jersey[/url] , solos of Peking opera, folk dances, and traditional and contemporary versions of Tai Chi.
Earlier, the ensemble from Harbin Normal University performed in Ussuriysk, another city in Russia's Far East.
"It's my first time here in Vladivostok. ... We see that the Russian people like Chinese art and music. It makes us perform better and try harder to show the best we can [url= http://www.theravensteamsho...tml]Hayden Hurst Womens Jersey[/url] ," pipa performer Meng Lu told Xinhua.
The performance tour of the Chinese college students was organized by the Confucius Institute Headquarters, known as Hanban.
To date, China has opened 465 Confucius Institutes in 123 countries and regions. There are also 713 Confucius Classrooms operating in middle and primary schools.
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