At the session 34 on Mar 29- Hiroshi NAKASO (Deputy Governor, Bank of Japan), said Japan is expanding their balance sheets. The QE policy will continue to be implemented in the country until the inflation reached roughly around 2% in a stable level. 

Nakaso admired the ongoing trend created by the QE policy, and expects that the new positive economic cycle could bring up the economy in China with a low interest rate and active economic activities.