China's monetary policy is expected to stay accommodative to boost consumer spending as inflationary pressures remain muted, experts said on Monday.
They underlined the need for the People's Bank of China, the country's central bank, to ensure ample market liquidity and reduce the financial burdens facing homebuyers to boost their spending power.
The comments came as the market is closely watching the medium-term lending facility operation of the PBOC, scheduled to be delivered on Wednesday.