央行：灵活高效运用降准降息等多种货币政策工具，保持流动性充裕

Core Viewpoint - The People's Bank of China (PBOC) is committed to implementing a series of monetary policy measures to support stable economic growth and financial market stability, while also focusing on financial reform and international cooperation [2][7]. Group 1: Monetary Policy and Economic Support - The PBOC has introduced a new package of monetary policy measures to support the real economy and stabilize financial markets since 2025, including lowering reserve requirements and interest rates [2][3]. - The central bank aims to maintain ample liquidity and reduce overall financing costs for society, with specific measures targeting personal housing loans and structural monetary policy tools [3][4]. - The PBOC emphasizes the importance of macroeconomic policy coordination and aims to enhance the effectiveness of monetary policy in promoting high-quality economic development [7][9]. Group 2: Financial Risk Management - Financial risks in key areas have been effectively mitigated, with the PBOC taking steps to support the resolution of debt risks associated with financing platforms [4][9]. - The establishment of the PBOC's Macro-Prudential and Financial Stability Committee aims to strengthen the financial stability framework and enhance risk management capabilities [4][10]. - Continuous monitoring and regulation of the bond market and other financial markets are prioritized to maintain stability and prevent illegal activities [4][10]. Group 3: Financial Reform and Opening Up - The PBOC is advancing financial reform and opening up by improving the management of foreign investment in financial institutions and enhancing cross-border use of the Renminbi [5][10]. - The central bank is also focused on strengthening the regulatory framework for various financial markets, including the bond and foreign exchange markets, to facilitate international cooperation [10][11]. - Efforts to support the development of the Shanghai International Financial Center and maintain Hong Kong's financial market stability are highlighted [10][11]. Group 4: Governance and Internal Management - The PBOC is committed to strict governance and internal management, emphasizing the importance of adhering to the principles of the Communist Party and enhancing the quality of its internal operations [6][8]. - Continuous improvement of legislative frameworks and financial management practices is a priority, including the implementation of policies to combat financial crimes and enhance credit systems [11][12]. - The PBOC aims to foster a culture of accountability and transparency within its operations, ensuring effective oversight and management of resources [6][11].