TechFlow news, January 15 — According to Jinshi Data, PBOC spokesperson and Deputy Governor Zou Lan stated at a press conference held by the State Council Information Office on January 15 that the interest rates of various structural monetary policy tools will be cut by 0.25 percentage points. The one-year interest rate for various re-lending facilities will be reduced to 1.25%, with other tenors adjusted accordingly. The central bank will refine structural tools and increase support to further assist economic structural transformation and optimization. (Securities Times)
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