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【Financial Str. Release】China likely to further slash reserve requirement ratio before year-end: official
China's central bank is considering a cut of 0.25 to 0.5 percentage points in reserve requirement ratio at an appropriate time before the end of 2024, depending on market liquidity situations, Pan Gongsheng, governor of the People's Bank of China, said on Friday.
October19,2024
China to cut reserve requirement ratio in near future: central bank governor
China will cut the reserve requirement ratio (RRR) by 0.5 percentage points in the near future, providing about 1 trillion yuan (about 141.78 billion U.S. dollars) in long-term liquidity to the financial market, Pan Gongsheng, governor of the People's Bank of China, said Tuesday.
September24,2024
【Financial Str. Release】China Focus: China announces reserve requirement ratio cut
China's central bank will cut the reserve requirement ratio for financial institutions by 0.5 percentage points from Feb. 5, said Pan Gongsheng, governor of the People's Bank of China, on Wednesday.
January25,2024
【Financial Str. Release】China announces reserve requirement ratio cut
China's central bank said Thursday it will cut the financial-institution reserve requirement ratio (RRR) by 0.25 percentage points from Sept. 15 to consolidate the foundation for economic recovery and keep liquidity reasonably ample.
September14,2023
【Financial Str. Release】China announces reserve requirement ratio cut
China's central bank said Friday it will cut the reserve requirement ratio (RRR) for financial institutions by 0.25 percentage points from March 27 to keep liquidity reasonably ample and better serve the real economy.
March20,2023
【Financial Str. Release】China to cut reserve requirement ratio for foreign currency deposits
China's central bank announced Monday that it will cut the reserve requirement ratio for foreign currency deposits by 1 percentage point from the current 9 percent to 8 percent, starting from May 15.
April26,2022
【Financial Str. Release】Economic Watch: China to cut reserve requirement ratio
China's central bank on Friday said it has decided to cut the reserve requirement ratio (RRR) for financial institutions from April 25 to support the development of the real economy and reduce comprehensive financing costs.
April18,2022
【Financial Str. Release】China raises reserve requirement ratio for foreign currency deposits
China's central bank announced Monday that it will raise the reserve requirement ratio for foreign currency deposits by 2 percentage points from the current 5 percent to 7 percent, beginning June 15.
June01,2021
RRR for financial institutions drops to 9.4 pct: central bank
The average reserve requirement ratio (RRR) for financial institutions stood at 9.4 percent on May 15, down 5.2 percentage points from the beginning of 2018, the People's Bank of China (PBOC) said.
May26,2020
Economic Watch: China's RRR cut to shore up real economy
In its latest move to cut the reserve requirements, China's central bank has stepped up efforts to spur the real economy and lower social financing costs.
January03,2020
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