The People's Bank of China Monetary Policy Committee outlined its next-stage monetary policy strategy following its third-quarter 2026 regular meeting held on September 19. The committee emphasized leveraging the integrated effects of both incremental and existing policies while enhancing forward-looking, flexible, and targeted implementation based on domestic and international economic conditions. The central bank committed to maintaining ample liquidity and aligning aggregate financing growth with economic expansion and price stability targets. Officials also called for timely adjustments to monetary policy tools and advancing reforms to improve the monetary policy operational framework.