News list for " people"
Nearly half of Americans do not support the Trump administration's move to deploy Marines and National Guard troops to the Los Angeles area of California, according to the latest poll released on the 10th by the polling firm Youguan Research. In a poll completed on the 10th, 47% of respondents were opposed to sending Marines to the Los Angeles area to support federal law enforcement actions against illegal immigrants, and 34% were in favor. Opposition and support for sending National Guard troop...
The Central Office and the State Office issued the "Opinions on Further Guaranteeing and Improving People's Livelihoods and Focusing on Solving the Difficulties and Expectations of the People".
China Central Depository and Clearing Co., Ltd.: For overseas central bank institutions that open an account with China Central Clearing Corporation through the People's Bank of China or an interbank market settlement agent after January 1, 2025 (inclusive), the full amount of the account opening fee of 500 yuan per account will be exempted. For the relevant fees that have been actually paid for the above-mentioned business after January 1, 2025 (inclusive), China Central Clearing Corporation wi...
On May 9th, the service consumption and pension reloan quota is 500 billion yuan, with an annual interest rate of 1.5%. The term is 1 year, and it can be extended twice. The maximum term of use does not exceed 3 years. The recipients include 21 national Financial Institution Groups such as China Development Bank, policy banks, state-owned commercial banks, Postal Savings Bank of China, and joint-stock commercial banks, and 5 city commercial banks belonging to the Systemically Important Financial...
On May 9, the People's Republic of China and the Russian Federation Joint Statement on Global Strategic Stability. The two sides stressed the importance of maintaining constructive major powers to resolve global strategic issues in the following pairs. Nuclear-weapon states have special responsibilities for international security and global strategic stability, and should abandon the Cold War mentality and zero-sum game, and refrain from taking measures that raise strategic risks. Concerns shoul...
The Federal Reserve stayed put for the third time in a row, and gold fell by more than $60! Trump may lift the Biden-era AI chip restrictions, and the Chinese central bank has increased its gold holdings for the sixth consecutive month... What major events happened around the world last night and this morning?
On May 7, the People's Bank of China decided to cut the reloan interest rate by 0.25 percentage points from May 7, 2025. After the reduction, the 3-month, 6-month and 1-year reloan interest rates for supporting agriculture and small-scale enterprises will be 1.2%, 1.4% and 1.5% respectively, the mortgage supplementary loan interest rate will be 2.0%, and the special project structural monetary policy tool interest rate will be 1.5%.
The People's Bank of China and the Securities Supervision Commission jointly issued an announcement on supporting the issuance of scientific and technological innovation bonds: Financial Institution Groups, technology-based enterprises, Private Equity Institutions and venture capital institutions can issue scientific and technological innovation bonds, and the proceeds raised are used to support investment and financing in the field of scientific and technological innovation.
The People's Bank of China and the Securities Supervision Commission: Investible science and technology innovation bonds for various Financial Institution Groups, asset management institutions and social security funds, enterprise annuities, insurance funds, pensions, etc. Encourage the creation of science and technology innovation bond indices and products linked to related indices.
Pan Gongsheng, governor of the People's Bank of China, said at a press conference on May 7 that the deposit reserve system will be improved, and the deposit reserve ratio of automobile finance companies and financial leasing companies will be reduced from the current 5% to 0% in stages.
Pan Gongsheng, governor of the People's Bank of China, said at the press conference of the State Council Information Office on May 7 that the interest rate of structural monetary policy tools will be reduced by 0.25 percentage points, including: the interest rate of structural tools for various special projects and the re-loan rate for supporting agriculture and small businesses will be reduced from the current 1.75% to 1.5%; the interest rate of mortgage supplementary loans (PSL) will be reduce...
People's Bank of China: From May 8, 2025, the operating interest rate of the open market 7-day reverse repurchase will be adjusted from 1.50% to 1.40%. The operating interest rates of the open market 14-day reverse repurchase and temporary positive and reverse repurchase will continue to be determined by adding or subtracting points to the open market 7-day reverse repurchase operating interest rate, and the amount of plus or subtracting points will remain unchanged.
Pan Gongsheng, governor of the People's Bank of China, said at a press conference on May 7 that after the RRR cut, the average level of the overall deposit reserve ratio will be reduced from 6.6% to 6.2%.
People's Bank of China: In April 2025, the People's Bank of China launched a 1.20 trillion yuan buyout reverse repurchase operation by means of fixed quantity, interest rate invite tenders, and multiple price points win the bidding.
The People's Bank of China: In April 2025, the People's Bank of China did not conduct open market treasury bond trading operations.
