March 19, 2018 / 2:47 AM / 7 months ago

New China central bank governor: China should keep financial sector stable

BEIJING (Reuters) - Newly elected People’s Bank of China Governor Yi Gang said on Monday that the most important task is to implement prudent monetary policy, while at the same time pushing forward financial reform and opening.

FILE PHOTO: People's Bank of China Deputy Governor Yi Gang attends a conference during the 2016 IIF G20 Conference at the financial district of Pudong in Shanghai, China, February 25, 2016. REUTERS/Aly Song

China should keep the financial sector stable, Yi told reporters on Monday morning.

Yi, a former vice central bank governor, was voted to take over the helm at the PBOC on Monday morning.

Reporting by Xu Jing and Beijing Monitoring Desk; Editing by Himani Sarkar

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