Pan Gongsheng, President of the People's Bank of China: implement moderately loose monetary policy, meet the effective financing needs of the real economy, and maintain the reasonable growth of financial aggregate

金色财经|May 20, 2025 11:28
Golden Finance reported that Pan Gongsheng, President of the People's Bank of China, presided over a symposium on financial support for the real economy and delivered a speech. The meeting stressed that it is necessary to implement a moderately loose monetary policy, meet the effective financing needs of the real economy, and maintain a reasonable growth of financial aggregate. Strengthen support for key areas such as technological innovation, boosting consumption, private small and micro enterprises, and stabilizing foreign trade, make good use of existing and incremental policies, improve the quality and efficiency of financial support for the real economy, support economic structural adjustment, transformation and upgrading, and the transformation of old and new driving forces.
Strengthen the implementation and transmission of monetary policy, maintain fair market competition order, and promote the organic unity of financial services for the real economy and the sustainable development of banks themselves. Orderly promote the international use of RMB and improve the level of trade and investment facilitation. Coordinate development and security, and resolutely safeguard national financial security.
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