[Central Bank: Suggesting to Leverage the Integrated Effects of Incremental and Existing Policies] The Monetary Policy Committee of the People's Bank of China held its 114th regular meeting for the third quarter of 2026 on September 19. The meeting studied the main ideas for the next stage of monetary policy and suggested leveraging the integrated effects of incremental policies and existing policies to enhance the foresight, flexibility, and precision of policies. Based on domestic and international economic and financial conditions as well as the operation of financial markets, the meeting emphasized the importance of calibrating the strength, pace, and timing of policy implementation. It advocated for the comprehensive use and timely adjustment of monetary policy tools to maintain ample liquidity, ensuring that the growth of social financing scale and money supply aligns with the expected targets for economic growth and overall price levels. Efforts will be made to promote the reform and improvement of the monetary policy operation framework.