AS uncertainties remain over the path of China's inflation in the future, the government will maintain its prudent monetary policy, the central bank said.

In its first-quarter currency policy committee meeting, the People's Bank of China said in a statement this is to ensure credit and social financing will grow in a stable manner.

"China's financial and economic growth is currently steady," the PBOC said.

"Consumer prices are stable but uncertainties remain in the future. The global economy has also improved but the situation is still complicated."