潘功胜：今年降准降息还有一定的空间 继续维护好金融市场的平稳运行

Group 1 - The People's Bank of China (PBOC) will continue to implement a moderately accommodative monetary policy in 2026, focusing on promoting stable economic growth and reasonable price recovery as key considerations [1] - The PBOC plans to flexibly and efficiently use various monetary policy tools such as reserve requirement ratio (RRR) cuts and interest rate reductions to maintain ample liquidity, aligning social financing scale and money supply growth with economic growth and price level expectations [1] - There is still room for further RRR and interest rate cuts this year, with the PBOC emphasizing the execution and supervision of interest rate policies to keep the comprehensive financing costs low [1] Group 2 - The PBOC has introduced a series of monetary financial policies at the beginning of the year, optimizing the policy elements of structural monetary policy tools [1] - The interest rates of various structural monetary policy tools have been reduced by 0.25 percentage points, and a dedicated 1 trillion yuan re-loan for private enterprises has been established [1] - The PBOC has increased the re-loan quota for agricultural and small enterprises by 500 billion yuan to 4.35 trillion yuan and for technological innovation and transformation by 400 billion yuan to 1.2 trillion yuan, while expanding the support areas for carbon reduction and consumer services [1] Group 3 - The PBOC aims to maintain the stability of the financial market, manage expectations, and keep the RMB exchange rate stable at a reasonable and balanced level [2] - The PBOC will strengthen supervision and management of the bond market, foreign exchange market, money market, bill market, and gold market [2] - Mechanisms will be established to provide liquidity to non-bank institutions under specific scenarios, and two monetary policy tools will continue to support the stable development of the capital market [2]