Pan Gongsheng: Increase the intensity of monetary policy regulation and improve the accuracy of monetary policy regulation

On December 29th, since the beginning of this year, the policy adjustment has not been small. How much room is there in the future? "After the implementation of the RRR cut policy, the average deposit reserve ratio of the banking industry is about 6.6%. Compared with the central banks of major economies in the world, there is still some room for this level." Pan Gongsheng, governor of the People's Bank of China, said. Referring to the next policy considerations, Pan Gongsheng said: "Increase the intensity of monetary policy regulation, improve the accuracy of monetary policy regulation, effectively implement the stock policy, and promote the implementation of incremental policies."