People's Daily: Monetary policy tools such as RRR cuts and interest rate cuts have sufficient room for adjustment and can be introduced at any time

April 7th news, on the evening of April 6th, the People's Daily commentator article mentioned that the US government went against the world trend and introduced the so-called "reciprocal tariffs" on almost all trading partners, including our country. Our country took resolute and powerful countermeasures for the first time, which attracted great attention from the world. In the future, according to the needs of the situation, monetary policy tools such as RRR cuts and interest rate cuts have left sufficient room for adjustment and can be introduced at any time; fiscal policy has made it clear that it is necessary to increase the intensity of expenditure and speed up the progress of expenditure, and there is still room for further expansion of fiscal deficits, special project bonds, and special national debt as appropriate; it will boost domestic consumption with unconventional efforts, accelerate the implementation of established policies, and introduce a number of reserve policies in a timely manner; resolutely stabilize capital markets with practical policies and measures, stabilize market confidence, and relevant plan policies will be introduced one after another; governments at all levels will accurately help industries and enterprises that have been hit hard, support enterprises to adjust their business strategies, and guide and help enterprises to develop domestic and non-US markets while maintaining trade with the US as much as possible. At the same time, we will urge the US to correct its wrong practices and negotiate with China and other countries in an equal, respectful and reciprocal manner to properly resolve trade differences.