China's central bank stresses implementation of prudent monetary policy

BEIJING, June 28 (Xinhua) -- China's central bank said that this year it had sought progress while giving the stability of macro policies top priority, pursued a prudent monetary policy that is flexible, moderate, and strengthened the counter-cyclical adjustments.

The central bank has used a mix of policy tools, such as interest rates, the required reserve ratio and central bank lending, providing support for th