People familiar with the matter revealed that Xi Jinping's first visit to the People's Bank of China since he served as the Chinese President of China, highlighting that the Chinese government focuses on supporting the economy and financial markets.
Bloomberg quoted people familiar with the matter and said that Xi Jinping and Chinese Deputy Prime Minister He Lifeng and other government officials were inspected on the afternoon of Tuesday (October 24) to the People's Bank of China and the State Administration of Foreign Exchange in Beijing.People familiar with the matter added that He Lifeng also visited China's sovereign wealth fund.
Bloomberg reported that although the details of the interview are unclear, investors pay close attention to Xi Jinping's movement to find potential policy signals.
Reported that according to public records, Xi Jinping has never visited the People's Bank of China before. In the past, such inspections were usually led by the Prime Minister or Deputy Prime Minister.
In addition, a person familiar with the matter told Bloomberg that one of the goals of Xi Jinping's visit to the State Administration of Foreign Exchange is to better understand China's US $ 3 trillion (about S $ 4.1 trillion)foreign exchange reserves.
