Core Viewpoint - The Chinese financial markets, including stock, bond, and foreign exchange markets, remain stable despite the recent 25 basis point interest rate cut by the Federal Reserve, as stated by the Governor of the People's Bank of China, Pan Gongsheng [1] Group 1: Monetary Policy - China is implementing a moderately accommodative monetary policy to support economic recovery and maintain financial market stability [1] - The central bank's approach is to prioritize domestic conditions while responding to global economic changes [1] - Pan Gongsheng emphasized the importance of using various monetary policy tools to mitigate risks based on macroeconomic conditions [1]