They are the source of income for millions of families. They fuel the vitality of the market economy and safeguard the national economy and the people’s livelihood.
Holding fast to the Two Unwavering Commitments, we delivered full support to stabilizing businesses and securing employment, increased RMB1 trillion quotas for inclusive central bank lending and central bank discounts, launched two new monetary policy tools providing direct support for the real economy, continuously unleashed the benefits of the loan prime rate (LPR) reform, rolled out a mix of measures to enable banks to increase credit 1/2  BIS central bankers' speeches  supply, prompted financial institutions to cut profits in favor of their clients as appropriate and went all out to reduce the financing cost of the real economy.