China looks unlikely to cut interest rates for now

The video discusses China's economic development over the past 70 years, emphasizing the importance of maintaining a stable monetary policy. It highlights the need for counter-cyclical adjustments and aligning monetary growth with GDP growth. The video also stresses the importance of keeping debt levels sustainable to ensure long-term economic stability.

What is the main focus of the press conference introduction?

• Overview of China's economic development

• Announcing new economic policies

• Introducing the news agency

• Discussing global economic trends

What is emphasized as a key aspect of China's monetary policy?

• High inflation rates

• Stability and prudence

• Increased foreign investment

• Rapid economic growth

What does the term 'counter-cyclical adjustments' refer to in the context of China's monetary policy?

• Adjusting policies to stabilize the economy

• Decreasing government spending during a boom

• Increasing interest rates during a recession

• Promoting exports during a downturn

What is the goal regarding the leverage ratio in China's economic policy?

• To increase it significantly

• To maintain its stability

• To eliminate it completely

• To double it within a year

Why is it important to keep the debt level sustainable in society?

• To increase government revenue

• To attract more foreign investors

• To ensure long-term economic stability

• To boost consumer spending