TechFlow News: On March 31, according to JINSHI Data, the People’s Bank of China (PBOC) Monetary Policy Committee held its first quarterly meeting of 2026 (the 112th meeting overall) on March 26. The meeting analyzed domestic and international economic and financial conditions, noting that the impact of evolving external conditions has intensified; global economic momentum remains weak; geopolitical and trade conflicts are occurring frequently; major economies’ performances have diverged; and uncertainties persist regarding inflation trends and monetary policy adjustments. China’s economy has maintained overall stability with steady progress, achieving new successes in high-quality development; however, challenges remain—including oversupply relative to demand and external shocks. The authorities will continue implementing a moderately loose monetary policy, intensify countercyclical and cross-cyclical regulation, better leverage the dual functions—aggregate and structural—of monetary policy instruments, and enhance coordination between monetary and fiscal policies to promote stable economic growth and a reasonable rebound in prices.
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