How will monetary policy exert force to stabilize growth in the second half of the year? There is room for reserve requirement ratio cuts and interest rate reductions, and structural tools will focus on key points.

In recent conferences, the tone for monetary policy in the second half of the year has been set. As a major player in macroeconomic regulation, what targets might the next stage of monetary policy focus on, and what constraints will it face? In order to consolidate and expand the positive momentum of economic recovery, how will monetary policy be strengthened in terms of quantity, price, and structure? Industry experts believe that factors such as the macroeconomic situation, bank interest rate differentials, macro leverage levels, and the monetary policies of major developed economies may influence the "timely decisions" in the operation of China's monetary policy in the second half of the year. Monetary policy is expected to further promote the downward trend of comprehensive social financing costs and support the optimization of economic structural adjustments. There is room for both reserve requirement ratio cuts and interest rate cuts to be implemented.