For the first time this year, interest rate and reserve requirement ratio cuts have been implemented to support the real economy through the strategy of increasing quantity and lowering prices

The first interest rate cut and reserve requirement ratio reduction of the year has arrived! On the 8th, the policy interest rate was lowered by 0.1 percentage points. A week later, a 0.5 percentage point reduction in reserve requirement ratio will also arrive as scheduled. The interest rate cut and reserve requirement ratio cut ...

Grain and oil production has achieved a good start

This year's Government Work Report clearly sets the expected target of "grain output of about 1.4 trillion catties". We will closely focus on this goal, closely grasp the spring management and cultivation, and lay a solid foundation for summer grain and annual grain harvest, "said Pan Wenbo, Chief Agronomist ...

Transitioning from 'heavy scale' to 'heavy return', public funds welcome systematic reform

On May 7th, the China Securities Regulatory Commission announced the "Action Plan for Promoting the High Quality Development of Public Funds", marking a systematic reform of the public fund industry with over 30 trillion yuan. The action plan focuses on optimizing the charging mode of active equity funds, improving ind ...

A stock with a turnover of over 1.3 trillion yuan welcomes a "good start" in May

On May 6th, A-shares experienced a "good start" on the first trading day of May. The Shanghai Composite Index rose more than 1%, reaching 3300 points; The Shenzhen Component Index and ChiNext Index both rose nearly 2%. More than 4900 stocks in the entire A-share market rose, with over 140 stocks hitting the limit up. O ...

Reserve requirement ratio cuts, interest rate cuts, central bank issues 10 measures in 3 categories to support market stability and expectations

At the press conference of the State Council Information Office held today, the heads of the People's Bank of China, the State Administration of Financial Supervision and Administration and the China Securities Regulatory Commission introduced the relevant situation of "a package of financial policies to support stabil ...