The People's Bank of China and six other departments: Implement monetary policy well, strengthen counter-cyclical and cross-cycle adjustments, comprehensively use various monetary policy tools such as reserve requirements, re-lending and re-discounti

2025-06-24

The People's Bank of China and six other departments: Implement monetary policy well, strengthen counter-cyclical and cross-cycle adjustments, comprehensively use various monetary policy tools such as reserve requirements, re-lending and re-discounting, and open market operations, maintain ample liquidity, and continuously promote the reduction of the overall social financing cost.