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Special: NPC, CPPCC Sessions 2019
 Yi Gang, governor of People's Bank of China, discusses financial reform and development at a news conference in Beijing, Sunday, March 10, 2019. [Photo/Xinhua] Yi Gang, governor of the People's Bank of China, discusses financial reform and development at a news conference in Beijing on Sunday. Here are the highlights. PBOC governor says 'some room' exists for cutting reserve requirement ratio Chinese central bank governor said Sunday that there is still some room for lowering the country's reserve requirement ratio. China to keep prudent monetary policy to 'right degree' China will continue to adopt a prudent monetary policy that will be eased or tightened to the right degree, the country's central bank governor said Sunday. China to firmly advance financial market opening-up by announced timetable China has implemented most of the financial market opening up measures it announced last year, central bank governor Yi Gang said here Sunday. China, U.S. reach consensus on many key, important exchange rate issues China and the United States discussed exchange rates and reached consensus on many key, important issues in the latest round of economic and trade talks, the country's central bank governor said Sunday. China's new yuan loans expand in February China's new yuan-denominated loans stood at 885.8 billion yuan (about 131 billion U.S. dollars) in February 2019, up 46.5 billion yuan year on year, central bank data showed Sunday.
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