State Council: Implement and Refine the Moderately Loose Monetary Policy

BlockBeats News, October 26: The State Council's report on the financial situation was submitted to the 18th meeting of the Standing Committee of the 14th National People's Congress on the 26th. The report pointed out that it is necessary to implement and refine a moderately loose monetary policy to create a favorable monetary and financial environment to consolidate and expand the positive momentum of economic recovery.

Effectively implement various monetary policy measures that have been introduced, continuously unleash the effectiveness of policies, and research new policy initiatives. Strengthen the implementation and supervision of interest rate policies to promote a decrease in the overall social financing cost. (Golden Finance)