Our third quarter growth rate is 3.9% on a year-on-year basis. But as you see, we have a pretty accommodative monetary policy in place to help with economic recovery and maximize employment. And our focus is growth right now. We recently cut the Required Reserve Ratio (RRR) by 25 basis points, and also led the market interest rates lower a little bit.
On top of its aggregate dimension, our monetary policy also has a structural side that is providing much needed support to agriculture, SMEs, private companies, and green finance. 1/2  BIS - Central bankers' speeches  Looking forward, faced with the challenging situation, the advanced economies and the emerging market economies need better collaboration on macroeconomic policies.