China sticking to loose monetary policy - c.bank head

BEIJING (Reuters) - China will stick to an appropriately loose monetary policy, central bank governor Zhou Xiaochuan said on Friday.

Zhou was speaking in Shenzhen at the launch of China's ChiNext stock market, a long-awaited Nasdaq-style second board.

His remarks were relayed by several Chinese news portals.

The State Council, China's cabinet, earlier this month reaffirmed China's moderately accommodative monetary stance and active fiscal policy even though it said the economy was now on a more solid footing.

(Reporting by Eadie Chen and Simon Rabinovitch; Editing by Alan Wheatley)