at the 2024-2025 China Economic Annual Conference held today at the China International Economic Exchange Center, Wang Xin, Director of the Research Bureau of the People's Bank of China, stated that it is necessary to moderately increase the support of monetary policy, timely reduce reserve requirements and interest rates, and increase the intensity of monetary and credit investment. Overall, next year's moderately loose monetary policy will be moderately strengthened on the basis of this year's supportive stance. It is necessary to moderately increase the support of both quantitative and structural monetary policies, timely reduce reserve requirements and interest rates, increase the intensity of monetary and credit investment, and increase support for key strategic, key areas, and weak links. The financing conditions of the real economy will be more relaxed, more effectively meeting development needs, and helping to achieve an optimized combination of stable growth, stable employment, and reasonable price increases. Wang Xin revealed that in the next stage, the overall quantity of monetary policy needs to be increased, fully meeting the effective financing needs, and promoting the full flow of funds to the real economy.

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