Central Bank: A moderately loose monetary policy continues to show results, and the quality and efficiency of financial services in the real economy continues to improve. The banking system has abundant liquidity. The average overnight interest rate of DR001 in the first three quarters of the money market was 1.34%, and the overall operation was stable. The total amount of finance maintained reasonable growth. At the end of September, the stock of large-scale social financing and the broad money supply increased by 7.1% and 7.2%, respectively, over the same period last year. The cost of comprehensive social financing is low. The interest rate for newly issued corporate loans in September was slightly below 3.0%, about 0.2 percentage points lower than the same period last year; the interest rate for newly issued personal housing loans was about 3.1%, which is basically the same as the same period last year. The credit structure continues to be optimized. At the end of September, technology loans, green loans, inclusive loans, pension industry loans, and digital economy industry loans increased by 12.0%, 13.0%, 6.5%, 16.2%, and 15.7%, respectively, and continued to be higher than the overall loan growth rate. Supply and demand in the foreign exchange market are basically stable, and the RMB exchange rate remains basically stable at a reasonable equilibrium level. At the end of September, the RMB exchange rate against the US dollar closed at 6.7053 yuan, up 4.1% from the end of the previous year. The RMB exchange rate index of the China Foreign Exchange Trading Center was 103.20, up 5.3% from the end of the previous year.

Central Bank: A moderately loose monetary policy continues to show results, and the quality and efficiency of financial services in the real economy continues to improve. The banking system has abundant liquidity. The average overnight interest rate of DR001 in the first three quarters of the money market was 1.34%, and the overall operation was stable. The total amount of finance maintained reasonable growth. At the end of September, the stock of large-scale social financing and the broad money supply increased by 7.1% and 7.2%, respectively, over the same period last year. The cost of comprehensive social financing is low. The interest rate for newly issued corporate loans in September was slightly below 3.0%, about 0.2 percentage points lower than the same period last year; the interest rate for newly issued personal housing loans was about 3.1%, which is basically the same as the same period last year. The credit structure continues to be optimized. At the end of September, technology loans, green loans, inclusive loans, pension industry loans, and digital economy industry loans increased by 12.0%, 13.0%, 6.5%, 16.2%, and 15.7%, respectively, and continued to be higher than the overall loan growth rate. Supply and demand in the foreign exchange market are basically stable, and the RMB exchange rate remains basically stable at a reasonable equilibrium level. At the end of September, the RMB exchange rate against the US dollar closed at 6.7053 yuan, up 4.1% from the end of the previous year. The RMB exchange rate index of the China Foreign Exchange Trading Center was 103.20, up 5.3% from the end of the previous year.