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PBoC Implements Moderately Loose Monetary Policy

PBoC continues to implement moderately loose monetary policy

External Environment More Complex And Volatile, World Economic Growth Momentum Weak To Strengthen Financial Support For Domestic Demand To Use Monetary Policy Tools In Comprehensive Manner And Adjust In Timely Way To Keep Ample Liquidity To Guard Against Yuan Forex Overshooting Risks To Keep Yuan Exchange Rate Basically Stable At Reasonable To Promote Diversification Of Loan Pricing Benchmarks To Steadily Advance Reform Of Monetary Policy Operational Framework To Strengthen Coordination With Fiscal Policy