Central Bank: Continue to implement moderately loose monetary policy

Golden Finance reported that on August 1, the People's Bank of China held the second half of 2025 work conference and the promotion conference for the regular and long-term promotion of the central inspection and rectification work. The meeting believes that financial support for the sustained improvement of the economy is increasing. Implement a moderately loose monetary policy, lower the reserve requirement ratio, flexibly use various monetary policy tools, and maintain sufficient liquidity. Reduce policy interest rates, structural monetary policy tool interest rates, and personal housing provident fund loan interest rates to promote a decline in financial market interest rates and overall social financing costs. Continuously improving the monetary policy framework, cultivating policy interest rates, perfecting the monetary policy toolbox, doing a good job in policy communication and expectation guidance, consolidating, expanding and rectifying the effects of idle funds and "inward competition" in the financial industry