Central Bank: The effects of monetary and financial policies supporting the real economy will be evident by 2025.

People's Bank of China spokesperson and deputy governor, Zou Lan, stated at a press conference at the State Council Information Office on January 15 that based on the financial data for the whole year of 2025, the effects of monetary and financial policies supporting the real economy are evident, with financial totals maintaining rapid growth. By the end of December 2025, the scale of social financing stock increased by 8.3% year-on-year, and the broad money supply increased by 8.5% year-on-year, significantly higher than the nominal economic growth rate. The support for credit continues to be strong.