Adjustments to monetary policies eyed

Market stability, liquidity management emphasized to achieve growth targets

China will adjust the intensity and pace of monetary policies at the right time to support the achievement of annual economic targets, officials said on Tuesday, reaffirming the market's accommodative monetary environment for 2025.

Taking the domestic economic situation as the main consideration in setting policy, central bank officials vowed to expand the scope of interest rate cuts and optimize policy tools that are supportive of the stock market, while warning against excessive speculation on the decline in the yields of Chinese treasury bonds.

Xuan Changneng, deputy governor of the People's Bank of China, the country's central bank, said at a news conference that macroeconomic policies will continue to enhance countercyclical adjustments to support the achievement of annual economic and social development goals.