The People's Bank of China (PBOC) announced it will continue implementing a moderately loose monetary policy to support economic recovery. The central bank emphasized maintaining sufficient liquidity and strengthening the resilience of foreign exchange markets. It aims to consolidate the foundation of China's economic recovery by promoting reasonable growth in financing, keeping interest rates and exchange rates balanced, and preventing excessive fluctuations in the yuan exchange rate to maintain its stability. Additionally, the PBOC highlighted the importance of promoting reasonable price recovery as a key monetary policy consideration. The bank also temporarily suspended treasury bond trading operations but plans to resume them.