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Central Bank: Continue to Implement a Moderately Loose Monetary Policy, Increase Counter-Cyclical and Cross-Cyclical Adjustments

2026-03-12 12:05

Odaily News: Pan Gongsheng, Governor of the People's Bank of China, presided over an economic and financial expert symposium. Pan Gongsheng stated that in the next phase, the People's Bank of China will comprehensively implement the spirit of the Fourth Plenary Session of the 20th Central Committee, the Central Economic Work Conference, and the deployment requirements of the "Government Work Report." It will build a scientific and robust monetary policy system, continue to implement a moderately loose monetary policy, increase counter-cyclical and cross-cyclical adjustments, and create a suitable monetary and financial environment for sustained and high-quality economic development. (Central Bank)