China likely to reduce reliance on wide capital support for growth: central bank governor

China is likely to reduce reliance on wide capital support for economic growth as the country seeks high-quality development, China's central bank governor said Friday.[Special coverage]<

Liquidity conditions might not necessarily become tight as China improves utilization efficiency of broad money supply, Zhou Xiaochuan, head of the People's Bank of China, told a press conference on the sidelines of the first session of the 13th National People's Congress.