China to maintain supportive monetary policy: PBOC

China will maintain a supportive monetary policy stance to create a favorable monetary and financial environment for stable economic growth, high-quality development, and the smooth operation of financial markets, the central bank governor said on Sunday.

Pan Gongsheng, governor of the People’s Bank of China (PBOC), made the remarks at the China Development Forum 2026.

“We will continue to implement a moderately loose monetary policy,” said Pan, noting that China’s social financing conditions are currently accommodative, with financial aggregates growing at a reasonable pace.

The central bank will use a variety of monetary policy tools, including the reserve requirement ratio, policy interest rates and open market operations, to keep liquidity ample, he added.

Pan also emphasised the steady opening up of the financial sector, deepening financial market connectivity and cross-border payment system interoperability to facilitate broader investor participation in China’s financial markets.

He welcomed overseas investors to engage and invest in China’s financial markets. (Xinhua)

Edited by Priscilla Ng