BEIJING, Aug 17 Reuters China39;s central bank said on Thursday it would keep liquidity reasonably ample and keep its policy precise and forceful to support the country39;s economic recovery, amid rising headwinds.

Data for July has highlighted the intensifying pressure on the economy on a number of fronts, including a property downturn and deflationary pressure, prompting Beijing to introduce direct stimulus to revitalise growth.

The People39;s Bank of China PBOC will better leverage the dual functions of aggregate and structural monetary policy tools and firmly support the recovery and development of the real economy, the bank said in its secondquarter monetary policy implementation report.

The PBOC unexpectedly cut key benchmark interest rates for the second time in three months on Tuesday, in a bid to support a sputtering economic recovery. Markets widely expect the bank to loosen monetary policy further.

The world39;s secondbiggest economy is facing insufficient demand and challenges such as difficult business operations and high risks and hidden dangers in key areas amid deglobalisation risks and a weakening global recovery, the central bank said.

In response to a deepening property market crisis, the central bank also said it would adjust and optimize property policies in a timely manner.

Debt problems at Country Garden, China39;s largest property developer, and falls in home prices and sales have added to worries that the property sector crisis is stifling…