The People's Bank of China held a meeting to implement the spirit of the Central Political Bureau meeting and fully promote the rapid implementation of a comprehensive package of financial policies.

On the afternoon of May 7th, the People's Bank of China held a system-wide meeting to deeply study and implement the spirit of the Central Political Bureau meeting on April 25th, and to fully promote the rapid implementation and effectiveness of a series of financial policies. Pan Gongsheng, Secretary of the Party Committee and President of the People's Bank of China, presided over the meeting and delivered a speech. The meeting emphasized that the Central Political Bureau meeting made a profound analysis of the current economic situation and made important arrangements for the next steps in economic work. The People's Bank of China system should rise to the challenge and take swift action, implement a moderately loose monetary policy effectively, make good use of existing policies, and intensify the implementation of new policies to fully release the effects of the policies. It is necessary to strengthen coordination and collaboration, closely cooperate within the entire system, continually consolidate and develop the positive momentum of economic recovery, and promote high-quality economic development. Zou Lan, member of the Party Committee of the People's Bank of China and Vice President, attended the meeting and delivered a speech. The meeting was held in the form of video conference, with relevant departments and branches of the People's Bank of China participating in the meeting in the main venue and branch venues respectively. This article is selected from the official website of the People's Bank of China; edited by GMTEight; edited by Chen Xiaoyi.