China c.bank says to use various tools to adjust liquidity

BEIJING Thu Jan 16, 2014 10:26pm EST

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BEIJING Jan 17 (Reuters) - China's central bank will use various tools to adjust liquidity in a flexible way to help maintain appropriate growth in credit and social financing, a senior bank official said in remarks published on Friday.

The central bank will push reforms, including widening the issuance of interbank certificates of deposit (CD) and increasing the two-way float of the yuan, Zhang Xiaohui, head of the central bank's monetary policy department, wrote in an article published in China Finance magazine. (Reporting by Kevin Yao)

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