The People’s Bank of China published its third-quarter 2026 monetary-policy implementation report on 11 November. It said the bank would maintain a moderately accommodative stance and strengthen counter-cyclical adjustment, while reforming loan-rate pricing beyond reliance on the loan prime rate. The report also described expanding targeted support: adding 200 billion yuan to relending for technology innovation and technical upgrades, raising the support share to 100%, and adding 500 billion yuan to rural and small-business relending, including 300 billion yuan for private enterprises. The Paper and Xinhua Finance reported the report’s measures; the GDP, credit and money-supply figures cited are the central bank’s own reported statistics.
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