The 2024 Lujiazui Forum, which lasted for two days, was held in Shanghai yesterday (19th). At the forum, Pan Gongsheng, the governor of the People's Bank of China, stated that China's monetary policy stance is supportive, and it will continue to adhere to this stance to provide financial support for sustained economic recovery and improvement. Pan Gongsheng said that since the beginning of this year, the People's Bank of China has comprehensively used a variety of monetary policy tools, including lowering the reserve requirement ratio for deposits, lowering policy interest rates, and driving down financial market interest rates such as loan market quotation rates, creating a good monetary and financial environment for high-quality economic development. (CCTV News)
央行：为经济持续回升向好提供金融支持
The Central Bank: Provides financial support for the continued recovery and improvement of the economy.
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