The People's Bank of China (PBoC) released its Q3 2024 Monetary Policy Report, emphasizing its commitment to maintaining a stable yuan exchange rate and sticking to an accommodative monetary policy stance. The PBoC plans to increase the intensity of monetary policy adjustments and expects consumer prices to moderately rebound while predicting a narrowing decline in producer prices later this year. Additionally, the report highlights incremental policy for real estate finance to stabilize the market and advance risks disposal in key areas. China's State Council, chaired by Premier Li Qiang, approved measures to promote the stable growth of foreign trade and enhance financial support. These measures include expanding the scale and coverage of export credit insurance, optimizing loan structures to lower financing costs, and promoting patient capital.