[Central Bank: From September 27, the deposit reserve ratio of financial institutions will be reduced by 0.5 percentage points] Golden Finance reported that the People's Bank of China adheres to a supportive monetary policy stance, increases the intensity of monetary policy regulation, improves the precision of monetary policy regulation, and creates a good monetary and financial environment for China's stable economic growth and high-quality development. The People's Bank of China decided: From September 27, 2024, the deposit reserve ratio of financial institutions will be reduced by 0.5 percentage points (excluding financial institutions that have implemented a 5% deposit reserve ratio). After this reduction, the weighted average deposit reserve ratio of financial institutions is about 6.6%.