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Research on Monetary Policy Tools in China

In: Research on China’s Monetary Policy System and Conduction Mechanism

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  • Wei Liu

    (Renmin University of China)

Abstract

Currency in circulation M0 is the most active part of the money supply in China. In China’s monetary policy system, currency in circulation M0 is one of the most important observation targets. The People’s Bank of China publishes the balance data of M0 once a month. The monitoring of M0 is of great importance to the formulation and implementation of monetary policy, the maintenance of financial stability, and the promotion of economic development.

Suggested Citation

  • Wei Liu, 2023. "Research on Monetary Policy Tools in China," Springer Books, in: Research on China’s Monetary Policy System and Conduction Mechanism, chapter 0, pages 131-174, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-9060-1_5
    DOI: 10.1007/978-981-19-9060-1_5
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