Deputy Governor of the People's Bank of China, Lu Lei: Grasp the intensity and pace of policy support, and implement and execute various monetary policy tools effectively.

On November 4, Vice Governor of the People's Bank of China, Lu Lei, stated at the 2025 International Financial Leaders Investment Summit that the next step for the People's Bank of China will be to adjust policy support and pace according to the domestic and international economic and financial situation and the operation of the financial markets. They will focus on implementing and executing various monetary policy tools to fully release the policy effects. He mentioned that since the beginning of the year, the People's Bank of China has implemented a moderately loose monetary policy, introduced a package of policy measures, and created a suitable monetary and financial environment to support the stable development of the economy. Specifically, they have maintained reasonable growth in monetary credit, lowered the overall financing cost in society, and guided the optimization of credit structure.