Group 1 - The People's Bank of China (PBOC) will maintain a supportive monetary policy stance and implement moderately loose monetary policies, utilizing various monetary policy tools to provide liquidity arrangements in the short, medium, and long term [1] - The PBOC has paused government bond trading earlier this year due to significant supply-demand imbalances and market risks, but will now resume open market operations for government bonds as the bond market is currently performing well [1] - The PBOC is addressing the issue of virtual currencies, particularly stablecoins, which are still in the early stages of development and do not meet basic requirements for customer identification and anti-money laundering, thus exacerbating global financial regulatory gaps [1] Group 2 - The PBOC is researching policies to support personal credit repair, including a one-time personal credit relief policy that will not display certain default records in the credit system for individuals who have repaid loans below a specified amount since the pandemic [2] - This measure aims to help individuals accelerate the repair of their credit records while maintaining the effectiveness of default credit records, and is planned for implementation in early next year after necessary technical preparations [2]
央行行长潘功胜：将恢复公开市场国债买卖，研究实施个人修复信用的政策措施
Sou Hu Cai Jing·2025-10-27 12:05