In its Q2 2026 monetary policy report, the People’s Bank of China said it will
promptly design and roll out pragmatic incremental policies and intensify
countercyclical measures to support demand and optimize supply. The PBOC said it
will expand domestic demand, deepen financial reform and high-level opening,
accelerate building China into a financial power, improve central bank
institutional arrangements, establish a scientific and prudent monetary policy
framework and a comprehensive macroprudential regime, and smooth monetary policy
transmission.