
PBOC Boosts Tech Innovation & Market Stability
PBOC unveils new monetary tools to boost tech innovation, support SMEs, and stabilize capital and property markets amid evolving economic challenges.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
PBOC unveils new monetary tools to boost tech innovation, support SMEs, and stabilize capital and property markets amid evolving economic challenges.
China’s central bank reaffirms a ‘moderately loose’ monetary policy, fostering economic growth and ensuring yuan stability in 2024.
China is implementing measures to stabilize the yuan and expand cross-border financing, enhancing market resilience and supporting businesses globally.
The Chinese mainland is enhancing its financial support for green and low-carbon development, aiming to promote environmental benefits and industrial transformation.
The People’s Bank of China outlines its monetary and financial priorities for 2025, focusing on expanding domestic demand, stabilizing expectations, and boosting economic vitality.
Experts highlight the Chinese mainland’s strategic monetary measures boosting economic growth in 2024, including significant rate cuts and liquidity injections.
The Chinese Renminbi (RMB) has risen to become the fourth most active global payment currency in November, surpassing the Japanese yen with a 3.89% share, marking a 22.12% increase from October.
China’s central bank conducts its first $7 billion SFISF operation to stabilize the capital market, supporting financial institutions with liquid assets.
Financial Street Forum 2024 kicks off in Beijing, focusing on economic stability and growth. Industry leaders discuss China’s recovery and boosting foreign investment confidence.
China’s central bank launches a new Swap Facility to stabilize the capital market, with a potential 500 billion yuan injection if successful.