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flag China’s central bank pledges steady policy to support growth, stabilize the yuan, and boost demand without rate cuts or reserve cuts.

flag China's central bank said it will maintain ample liquidity to support economic growth and inflation targets, emphasizing steady policy to lower financing costs and stabilize the yuan. flag It will strengthen policy rates, improve interest rate transmission, and use structural tools to boost domestic demand, innovation, and SMEs. flag Despite weak economic data, no rate cuts or reserve requirement reductions were announced, signaling a cautious, flexible approach focused on long-term stability over aggressive stimulus.

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