On September 24, a financial frontline news report stated that the Monetary Policy Committee of the People's Bank of China held its third quarter 2026 regular meeting.

The meeting concluded that since the beginning of this year, macro policies have been more proactive and effective, monetary policy has maintained moderate easing, countercyclical and cross-cyclical adjustments have been strengthened, and a variety of monetary policy tools have been used comprehensively to create an appropriate monetary and financial environment for sustained and improved economic performance.

The reform effectiveness of the loan prime rate continued to be released, the market-oriented adjustment mechanism for deposit rates played an effective role, the efficiency of monetary policy transmission increased, and the cost of social financing remained at a historically low level.

Supply and demand in the foreign exchange market were basically balanced, the RMB exchange rate floated in both directions, and it remained basically stable at a reasonable and balanced level.

Financial markets operated generally smoothly.