The central bank released China's monetary policy implementation report for the second quarter of 2026. In the next stage, it will give full play to the guiding role of monetary and credit policy. Make good use of various structural monetary policy tools, continuously improve tool design and management, solidly write the “Five Major Articles” on finance, and strengthen financial support in key areas such as expanding domestic demand, scientific and technological innovation, and micro, small and medium-sized enterprises. Give full play to the role of technological innovation and technological transformation as a “technology board” for refinancing and bond markets, strengthen technology finance data sharing, accelerate the construction of a high-level regional technology finance ecosystem, and promote the strengthening of financial services throughout the entire life cycle of scientific and technological innovation. Optimize green finance standards, continue to improve the carbon accounting system, enrich the green finance product lineage, and improve financial policies and measures to support the construction of zero-carbon parks. Improve the credit enhancement system for private small and medium-sized enterprises, further carry out financial service capacity enhancement projects, and help private enterprises develop financing and development. Innovate investment and financing mechanisms for rural revitalization to promote comprehensive rural revitalization. Implement guaranteed loans for entrepreneurship and national student loan policies to support key groups to start businesses, find employment, and study. Promote financial institutions to increase credit support for the pension industry, support financial institutions to develop pension finance products that meet pension needs, have long-term characteristics and a certain yield, and raise the level of financial adaptation to aging. Strengthen financial support to boost and expand the role of consumption, and promote the expansion and quality of the service industry.

The central bank released China's monetary policy implementation report for the second quarter of 2026. In the next stage, it will give full play to the guiding role of monetary and credit policy. Make good use of various structural monetary policy tools, continuously improve tool design and management, solidly write the “Five Major Articles” on finance, and strengthen financial support in key areas such as expanding domestic demand, scientific and technological innovation, and micro, small and medium-sized enterprises. Give full play to the role of technological innovation and technological transformation as a “technology board” for refinancing and bond markets, strengthen technology finance data sharing, accelerate the construction of a high-level regional technology finance ecosystem, and promote the strengthening of financial services throughout the entire life cycle of scientific and technological innovation. Optimize green finance standards, continue to improve the carbon accounting system, enrich the green finance product lineage, and improve financial policies and measures to support the construction of zero-carbon parks. Improve the credit enhancement system for private small and medium-sized enterprises, further carry out financial service capacity enhancement projects, and help private enterprises develop financing and development. Innovate investment and financing mechanisms for rural revitalization to promote comprehensive rural revitalization. Implement guaranteed loans for entrepreneurship and national student loan policies to support key groups to start businesses, find employment, and study. Promote financial institutions to increase credit support for the pension industry, support financial institutions to develop pension finance products that meet pension needs, have long-term characteristics and a certain yield, and raise the level of financial adaptation to aging. Strengthen financial support to boost and expand the role of consumption, and promote the expansion and quality of the service industry.