China to Maintain Moderately Accommodative Monetary Policy, Says PBOC Governor Pan Gongsheng

Published: Mar 23, 2026 11:28
On March 22, Pan Gongsheng, Governor of the People's Bank of China, said at the China Development Forum 2026 annual meeting that China would continue to implement a moderately accommodative monetary policy. It would make comprehensive use of various monetary policy tools, including the reserve requirement ratio (RRR), policy interest rates, and open market operations, to maintain ample liquidity.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn