CCTV News: On February 13, the People's Bank of China released the China Monetary Policy Implementation Report for the fourth quarter of 2024.
The report shows: Overall, monetary policy in 2024 adheres to a supportive position and strongly supports the economic recovery and improvement.
The People's Bank of China stated that a moderately loose monetary policy will be implemented in the next stage. Comprehensively use a variety of monetary policy tools to adjust and optimize policy intensity and rhythm according to the domestic and international economic and financial situation and the operation of the financial market, and maintain sufficient liquidity, so that the scale of social financing and the growth of money supply are matched with the expected targets of economic growth and total price level.
Promoting a reasonable rebound in prices is an important consideration for grasping monetary policy and promoting prices to remain at a reasonable level.
