According to online reports, the People's Bank of China held a work meeting for the second half of 2025 and a meeting to promote the central inspection and rectification work on normal and long-term promotion. The meeting believed that financial support for the continued improvement of the economy has increased. Implement a moderately loose monetary policy, reduce the deposit reserve ratio, flexibly use a variety of monetary policy tools, and maintain sufficient liquidity. Lower policy interest rates, structural monetary policy instrument interest rates and personal housing provident fund loan interest rates to promote the downward trend of financial market interest rates and comprehensive social financing costs. Continue to improve the monetary policy framework, cultivate policy interest rates, improve the monetary policy toolbox, do a good job in policy communication and expected guidance, and consolidate and expand the effectiveness of rectifying idle funds and "convoluted" competition in the financial industry.