China to keep monetary policy accommodative: central bank governor

SHANGHAI, June 19 (Xinhua) -- China will continue to keep its monetary policy accommodative and strengthen counter-cyclical and inter-temporal adjustments, the central bank governor said Wednesday.

The move will help facilitate economic recovery and create a favorable monetary and financial environment for economic and social development, said Pan Gongsheng, governor of the People's Bank of China, at the 15th Lu