PBOC’s Pan Reaffirms Room for Further Easing to Support Growth

China’s central bank governor Pan Gongsheng signaled there is room to further cut interest rates and inject liquidity into the banking system, echoing guidance from his deputy last week to keep monetary policy supportive for growth in 2026.

“We will make use of various monetary policy tools including interest rate cut and reserve requirement ratio reductions in a flexible and highly efficient way,” Pan said in an interview with the official Xinhua News Agency published Thursday.