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The People's Bank of China announced a reduction in interest rates and reserve requirements

2025-05-07 09:14:41

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ChainCatcher News, on May 7, the Governor of the People's Bank of China, Pan Gongsheng, announced at a press conference held by the State Council Information Office that the reserve requirement ratio will be lowered by 0.5 percentage points and the policy interest rate will be reduced by 0.1 percentage points.

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