Zhou Xiaochuan: China Has Quickly And Effectively Curbed The Downward Trend Of Economic Growth.

On May 28th -29, the twenty-third meeting of central bankers in Central Asia, Black Sea and Balkan region was held in Almaty, Kazakhstan.

At the invitation of the organizers, Zhou Xiaochuan, governor of the people's Bank of China, attended the meeting as a guest speaker.

Zhou Xiaochuan pointed out that since last year, the international community has jointly dealt with a very serious financial crisis.

Faced with the complex and changeable new situation, the Chinese government promptly adjusted macroeconomic policies according to the development and changes of the domestic and international economic situation, resolutely implemented the positive fiscal policy and moderately loose monetary policy, and quickly and effectively curbed the decline of economic growth at the beginning of 2009.

Zhou Xiaochuan also introduced China's active participation in international financial crisis relief and financial reform.

Representatives of the participating countries discussed the current situation of international and regional economic and financial development.

The deputies believe that despite the fact that the world economic recovery is better than expected, the global economy is still facing many difficulties and uncertainties.

How to rebuild the international financial order after the crisis is a challenge for all countries.

All countries should strengthen regional financial cooperation and promote the establishment of a fair, just, inclusive and orderly new international financial order.

"Central bank, Black Sea and Balkan Peninsula Central Bankers Club" is a regional central bank presidents meeting mechanism established in 1998 under the initiative of the Central Bank of Turkey. The club is committed to strengthening cooperation among central banks in the region and sharing and sharing experiences in regional financial affairs.

The club currently has 20 member states.