B · Normal
[Central Bank: Countries should formulate medium- and long-term policy plans, make clear commitments and resolutely implement them, and avoid back-and-forth flipping] The People's Bank of China's policy stance on the RMB exchange rate points out that medium- and long-term policy commitments are more conducive to stabilizing expectations. Countries should formulate medium- and long-term policy plans, make clear commitments and resolutely implement them, and avoid back-and-forth flipping. It is unrealistic to try to solve the structural problems of the global economy within one to two years, and short-term policy changes may be counterproductive. For example, a global tariff war in 2025 will trigger a "rush for imports", exacerbating imbalances and harming global economic growth.
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