SHANGHAI (Reuters) - China's central bank governor on Sunday said monetary policy can help supply-side economic restructuring succeed by more appropriately managing demand, the state-owned Shanghai Securities News reported Monday.
Zhou Xiaochuan, the governor of the People's Bank of China, made the comment in response to reporters' questions following a session of the Chinese People's Political Consultative Congress, a political advisory body currently meeting in Beijing alongside China's legislature.
Chinese policymakers have vowed to tackle longstanding overcapacity problems in key industrial sectors and other supply-side issues this year as the economy continues to slow.