China to Intensify Monetary Policy for Economic Stability
China will enhance its monetary policy adjustments to promote stable economic growth and high-quality development, as outlined by Pan Gongsheng, governor of the People’s Bank of China.
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China will enhance its monetary policy adjustments to promote stable economic growth and high-quality development, as outlined by Pan Gongsheng, governor of the People’s Bank of China.
China implements measures to enhance financial services for foreign residents, improving access to banking, payments, and financial education.
China keeps its Loan Prime Rates steady in August, with the one-year rate at 3.35% and over-five-year rate at 3.85%, signaling confidence in economic stability and maintaining mortgage costs for homebuyers.
China’s central bank pledges to intensify monetary policy implementation, focusing on adequate liquidity and supporting businesses and individuals.