The PBOC will employ a variety of monetary policy tools to strengthen countercyclical adjustments and maintain adequate liquidity.

China’s central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh challenges from a looming trade war with the US during Donald Trump’s second term.

China's central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens.

People’s Bank of China governor Pan Gongsheng pledges to ensure adequate liquidity and lower overall financing costs for businesses and households.

The People's Bank of China (PBC), the central bank, announced on Monday that it will implement a revised statistical scope for M1 starting from January 2025. The revision of the M1 statistical scope will expand to include personal demand deposits and prepaid funds received by non-bank payment institutions,