People's Bank of China First Quarter Monetary Policy Implementation Report: Implementing a moderately loose monetary policy effectively.

According to the Wisdom Financial News App, on May 9th, the People's Bank of China released the first quarter of 2025 Chinese monetary policy implementation report. In the next stage, a moderately loose monetary policy will be implemented. Based on the domestic and international economic and financial situation and the operation of the financial market, the strength and pace of policy implementation will be flexibly grasped to maintain liquidity adequacy, ensuring that the size of social financing and the monetary supply growth are consistent with economic growth and the expected target of the overall price level. Promoting a reasonable rise in prices is an important consideration for grasping monetary policy, and efforts will be made to keep prices at a reasonable level. By smoothing the transmission mechanism of monetary policy, further improving the interest rate control framework, continuing to strengthen the implementation and supervision of interest rate policies, lowering bank liability costs, and promoting a decrease in the comprehensive financing cost of society.