China's future economic growth will still be relatively quick. Around seven, six-point-something. These will all be very normal," he told a conference in Beijing.
As well as cutting interest rates on Friday, the PBOC lowered the amount of cash that banks must hold as reserves.
Both moves were bids to jumpstart growth in China's slowing economy, a drag on global growth that has been of major concern in emerging markets and other leading economies.
Monetary policy easing in the world's second-largest economy is at its most aggressive since the 2008/09 financial crisis, as growth looks set to slip to a 25-year-low this year of under 7 percent.