People's Bank of China: There is still room for reduction in the statutory deposit reserve ratio. The decline in deposit costs and the shift in monetary policy in major economies are conducive to broadening the autonomy of interest rate policy operations.
At the end of February, M2, social financing scale, and RMB loans maintained rapid growth of 8.7%, 9.0%, and 10.0% in line with market expectations. The establishment of technological innovation and technological transformation re-lending will help high-end The accelerated development of manufacturing and the digital economy.