According to a report by Jin10, Wang Qing, chief macro analyst at Dongfang Jincheng, interpreted that the central bank's package of monetary policy measures fully exert efforts in three directions: 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.