According to a report from Bijie.com, the People's Bank of China held a work conference for the second half of 2025 and a meeting to promote the normal and long-term central inspection and rectification work on August 1. The meeting believed that the financial support for the continued improvement of the economy has been strengthened. Implement a moderately loose monetary policy, lower the reserve requirement ratio, flexibly use a variety of monetary policy tools, and maintain ample liquidity. Lower the policy interest rate, the interest rate of structural monetary policy tools, and the interest rate of personal housing provident fund loans to promote the downward trend of financial market interest rates and social comprehensive financing costs. Continue to improve the monetary policy framework, cultivate policy interest rates, improve the monetary policy toolbox, do a good job in policy communication and expectation guidance, and consolidate and expand the results of rectifying idle funds and "involutionary" competition in the financial industry.