PBOC Pledges to Boost Sci-Tech Innovation & Consumption in H2
PBOC to bolster sci-tech innovation and consumption in H2 2025 after ramping up financial support since early 2025.
Chinese Economy
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Chinese Mainland LPR Cut by 10bps Sparks Market Optimism
The Chinese mainland cut its one-year and over-five-year LPRs by 10bps to 3.0% and 3.5%, aiming to lower borrowing costs and boost market confidence.