Lates News

The central bank issued the China Monetary Policy Implementation Report for the second quarter of 2026. It will continue to implement a moderately loose monetary policy. The reform and improvement of the monetary policy operation framework will be advanced smoothly and in an orderly manner, better guiding short-term interest rates in the money market to operate steadily around the policy interest rate. The self-discipline mechanism for market interest rate pricing will be utilized, enhancing the execution and supervision of interest rate policies, promoting diversification of loan pricing benchmarks, and guiding financial institutions to improve their interest rate pricing capabilities. Continuous efforts will be made to deepen the work on the comprehensive financing costs of corporate loans, reduce intermediate financing costs, and promote the operation of social comprehensive financing costs at low levels.