[Moody's Upgrades Outlook for China's Banking System to 'Stable': Profitability Stabilizes, Liquidity Remains Abundant] Golden Finance reports that on July 1, Moody's released its latest outlook for China's banking system—'Outlook for China's Banking System: Stable Operating Environment and Profitability Support Upgrade to Stable.' The report indicates that the outlook for China's banking system has been adjusted to stable. Continued policy support and robust economic growth will underpin a stable operating environment for the banking sector. As banks become more disciplined in reducing deposit costs, the contraction in net interest margins will be kept within a narrow range, and profitability will stabilize. Under a supportive monetary and fiscal policy environment, the banking sector's funding sources and liquidity will remain abundant.