
The People's Bank of China's second-quarter monetary policy implementation report pointed out that in the next stage, it will implement and refine a moderately accommodative monetary policy. It will grasp the intensity and pace of policy implementation, maintain ample liquidity, ensure that the growth of social financing scale and money supply matches the expected targets of economic growth and overall price levels, and continuously create a suitable financial environment. Promoting a reasonable rebound in prices will be an important consideration in monetary policy, aiming to keep prices at a reasonable level.
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