The central bank: increase counter-cyclical and cross-cyclical adjustment strength, consolidate and expand the momentum of economic stability and improvement.

On July 15, People's Bank of China Vice President Zou Lan stated at a press conference of the State Council Information Office that the central bank will adjust the intensity, pace, and timing of monetary policy implementation according to the domestic and international economic and financial situation and the operation of the financial markets. It will increase countercyclical and intercyclical adjustment efforts, focus on expanding domestic demand, optimizing supply, enhancing the internal driving force of economic development, and constantly consolidating and expanding the trend of stable and positive economic development.