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China's central bank unveils six new financial policy measures

China's central bank governor Pan Gongsheng on Wednesday announced six new financial policy measures at the 2026 Lujiazui Forum. While delivering a speech at the two-day event opening Wednesday, Pan said the People's Bank of China will work to improve the short-term interest rate regulation mechanism, launch a renminbi repo facility for foreign and international monetary authorities, and study the establishment of a macro-prudential liquidity support tool for non-bank financial institutions under specific circumstances. [...]