Authoritative expert: The effects of moderately loose monetary policy will continue to manifest.

On May 7th, a package of policy measures was released to further create a favorable monetary and financial environment to support economic recovery and improvement. "In recent years, financial data has been consistently good, and this is inseparable from a series of policy designs by the central bank, which has effectively promoted the optimal allocation of financial resources and better reflected support for the macro economy," said authoritative experts recently. Summarizing the central bank's monetary policy practice in recent years, the policy thinking has been consistent. The effects of moderately loose monetary policy will continue to be reflected. This expert stated that in recent years, every policy release by the central bank, dialogue with the media, and proactive communication with the market have been pragmatic, with a consistent approach to actions matching words being a basic principle. All parties in the market have recognized the credibility of the central bank. The People's Bank of China has repeatedly stated that its monetary policy is supportive and has timely implemented effective policy measures. With a foundation of market trust, the actual effects of the policy will continue to be further magnified.