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Xie Guangqi, director of the monetary policy department of the People's Bank of China, said at the press conference of the State Information Office on the 15th that in the coming period, monetary credit will shift from epitaxial expansion to connotative development, and slowing down and improving the quality of loans may become one of the new normal for macroeconomic operations.

Zhitongcaijing·07/15/2026 07:49:03
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Xie Guangqi, director of the monetary policy department of the People's Bank of China, said at the press conference of the State Information Office on the 15th that in the coming period, monetary credit will shift from epitaxial expansion to connotative development, and slowing down and improving the quality of loans may become one of the new normal for macroeconomic operations.