People's Bank of China (PBoC) pledged to step up its existing monetary policy measures at its latest quarterly monetary policy meeting.
The Chinese central bank also promised to maintain reasonable and sufficient liquidity and guide reasonable growth of credit.
In addition, the Bank assume the obligations to promote the stable and healthy development of the real estate market, to continue to increase financial support to enterprises and key groups to stabilise and expand jobs, and effectively drive and stimulate more private investment.
The PBoC also said it is to implement financial policies and measures to promote the healthy development of the platform economy, and to maintain consumer prices at reasonable levels.
China's central bank added it will resolutely guard against the risk of exchange rate overshooting and keep the yuan basically stable.