Recently, the People's Bank of China further adjusted and improved a number of monetary policy instruments on the basis of a number of structural monetary policy measures introduced at the beginning of the year. Authoritative experts said that since this year, the central bank has twice introduced a package of structural monetary policy measures. This is a targeted practical policy in the context of the transformation of old and new kinetic energy. It can guide financial institutions to further improve their suitability to serve the real economy, and also help financial institutions themselves adapt to economic restructuring and expand the development space for financial services. In the next stage, as the integrated effects of monetary policy stocks and incremental measures become more apparent, the financial system will continue to maintain strong support for the high-quality development of the real economy.

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