B · Normal
[Central Bank: Macroeconomic policies have become more proactive and promising this year, and the overall financial market is operating smoothly] On September 24, the Monetary Policy Committee of the People's Bank of China held a regular meeting for the third quarter of 2026. The meeting held that macroeconomic policies have become more proactive and promising since this year, monetary policy remains moderately loose, countercyclical and intercyclical adjustments are strengthened, and a variety of monetary policy tools are comprehensively used to create a suitable monetary and financial environment for the continued improvement of the economy. The effectiveness of the loan market quotation rate reform continues to be released, the market-based adjustment mechanism for deposit interest rates is effectively functioning, the transmission efficiency of monetary policy is enhanced, and social financing costs are at historically low levels. Supply and demand in the foreign exchange market are basically balanced, and the RMB exchange rate floats in both directions and remains basically stable at a reasonable and balanced level. Financial markets generally operate smoothly.
Comments