The People's Bank of China held a work meeting for the second half of 2026.

On August 1, the People's Bank of China held a work meeting for the second half of 2026. The meeting emphasized the importance of implementing a moderately loose monetary policy, fully leveraging the effectiveness of existing policies, timely planning and issuing practical incremental policies, intensifying counter-cyclical adjustments, boosting domestic demand, optimizing supply, and diligently carrying out various key tasks for the second half of the year to promote the continuous and favorable development of the economy towards a new and better direction.