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People's Bank of China Issues Financial Work Report, Pledges Moderately Loose Policy

1 reports1 sources11/5/2026 updated

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Pan Gongsheng, governor of the People's Bank of China, delivered a financial work report entrusted by the State Council, saying the central bank will continue to implement a moderately loose monetary policy and maintain ample liquidity. The report was published on the bank's official website on the 5th. Pan said that as of the end of September 2026, the stock of social financing and broad money supply grew 7.1% and 7.2% year on year, respectively. The weighted average interest rate on newly issued corporate loans was 2.96%, personal mortgage rates were 3.05%, and the yield on five-year AAA corporate bonds was 1.7%, with major interest rates at historical lows.

Written with AI from the reporting · updated 11/5/2026

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  1. 1Unclassified fact stationNov 5, 00:00recorded Nov 5, 16:20single sourcerevised

    中国人民银行公布金融工作情况报告

    Read original source ↗ China News Service · FinanceReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    中国人民银行
    Action：
    公布
    Object：
    金融工作情况报告
    Occurred (fact side)：
    Nov 5, 00:00
    China News Service · Finance ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Nov 5, 15:54
    First seen (known side)：
    Nov 5, 16:20
    Fact stationSingle source · one-sided claimRevised

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Nov 5
  1. China News Service · FinanceRelated fact: single sourceSource report revised
    Original-language report — open source

    Report first recorded Nov 5, 16:20

    Read original source ↗

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