Monetary Policy Priorities for 2025 - The People's Bank of China (PBOC) will implement a moderately loose monetary policy in 2025 to ensure stable economic growth and create a sound monetary and financial environment [1] - The PBOC will leverage a mix of monetary policy tools, including reducing the reserve requirement ratio and interest rates when appropriate, based on domestic and international economic conditions [1] - The central bank aims to maintain sufficient liquidity and steadily increase financial supply, aligning the growth in social financing and money supply with economic growth and price level targets [1] Financial Stability and Reform - The PBOC will focus on forestalling and defusing financial risks in key areas while deepening financial reform and high-standard opening up [1] - The central bank will prioritize putting existing financial resources to good use and improving the efficiency of fund utilization [1] Exchange Rate Management - The PBOC will keep the exchange rate of the yuan basically stable at an adaptive and balanced level to prevent exchange rate overshooting risks [1]
China's central bank outlines monetary priorities for 2025--China Economic Net
Zhong Guo Jing Ji Wang·2025-01-05 02:01