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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
China's central bank cut the reserve requirement ratio by 50 basis points for the first time this year. Professor Liu Zhiqin, a senior fellow at the Chongyang Institute for Financial Studies at Renmin University of China, says the latest RRR cut is a positive signal of support for the real economy.