The People's Bank of China's Monetary Policy Committee has reaffirmed its commitment to a moderately accommodative monetary policy following its second-quarter meeting for 2026. The committee emphasized the importance of maintaining ample liquidity and aligning the growth rates of aggregate financing and money supply with economic and price targets. Key measures include enhancing the central bank's policy rate guidance, standardizing loan pricing, and reducing intermediary financing costs to keep social financing costs low. Additionally, the committee plans to monitor long-term bond market yields, strengthen the foreign exchange market's resilience, and stabilize the RMB exchange rate. Structural monetary policy tools will be utilized to support domestic demand expansion, technological innovation, and financing for small and medium enterprises.