Recently, the meeting of the Political Bureau, the meeting of the financial committee of the State Council and the latest monetary policy implementation report of the central bank have intensively released signals about the monetary policy in the next stage: 1. The monetary policy is still "stable" and will not tighten more than expected; 2. Vigorously support inclusive small and micro enterprises, rural revitalization, manufacturing, scientific and technological innovation and green transformation and development; 3. Structural instruments will be further strengthened, and all operations of China's monetary policy will still "focus on me".
