According to a report by Jinshi Data, Wang Qing, the chief macro analyst at Dongfang Jincheng, interpreted that the central bank's current package of monetary policy measures is fully focused on quantitative, price-based, and structural monetary policies.
It is expected that in the second half of the year, the central bank will continue to implement interest rate cuts and reserve requirement ratio reductions, with the annual policy interest rate cut expected to reach 0.6 percentage points and the reserve requirement ratio reduction expected to reach 1 percentage point.