China's central bank plans a looser monetary policy to support economic growth and innovation.
China's central bank plans to adjust its monetary policies based on economic and financial conditions, aiming to maintain ample liquidity and support economic growth. Since 2013, the bank has reduced the reserve requirement ratio 29 times and in 2024, conducted net purchases of government bonds worth 1 trillion yuan. The PBOC will adopt a moderately loose monetary policy to boost technological innovation and consumption.
5 weeks ago
16 Articles
Articles
Further Reading
You have 11 free stories remaining this month. Subscribe anytime for unlimited access.