Beijing, January 5, 2025 – The Europe Today: China’s central bank, the People’s Bank of China (PBOC), has unveiled its monetary and financial priorities for 2025, following a two-day meeting that concluded on Saturday. The focus remains on expanding domestic demand, stabilizing expectations, and stimulating economic vitality to ensure sustained improvement in the Chinese economy.
The PBOC announced plans to implement a moderately loose monetary policy in 2025, addressing financial risks in key areas while further advancing financial reform and high-standard opening up.
The bank emphasized creating a stable monetary and financial environment to support economic growth, noting the use of monetary policy tools to reduce the reserve requirement ratio and interest rates when necessary, based on domestic and international economic conditions.
To ensure stable liquidity, the central bank intends to increase financial supply steadily, aligning growth in social financing and money supply with targets for economic growth and price levels.
The PBOC also stressed improving the efficiency of existing financial resources and funds, maintaining the yuan’s exchange rate at an adaptive and balanced level, and preventing exchange rate overshooting risks.
This strategic approach aims to bolster economic resilience and create a conducive environment for sustained growth in 2025.
