Three Major Easing Policies of the Peoples Bank of China Liquidity Release Mortgage Reduction and Stock Market Investment

Pan Gongsheng, the Governor of the People’s Bank of China, recently announced a series of new policies aimed at promoting the stable development of the financial market. These policies include lowering the reserve requirement ratio, reducing mortgage interest rates, and introducing new monetary policy tools to support the stock market. These measures are also considered the main reason behind the recent surge in China’s stock market