# Pan Gongsheng
Latest news and articles about Pan Gongsheng
Total: 4 articles found
PBOC Governor Pledges Continued Targeted Easing and Stronger Counter‑Cyclical Tools to Support Growth
PBOC Governor Pan Gongsheng told an expert forum the bank will maintain an "appropriately loose" monetary stance and expand counter‑cyclical and cross‑cycle measures to support the economy. The bank has already adjusted structural tools and intends to balance targeted easing with financial‑stability safeguards.
PBOC Moves to Rein In Firms’ Accounts‑Receivable Practices to Protect SMEs and Financial Stability
The People’s Bank of China has begun tightening rules on how large firms manage electronic accounts‑receivable vouchers, aiming to curb opaque supply‑chain finance practices that can mask leverage and hurt SMEs. The move follows prior engagements with automakers and builds on 2025 guidance limiting the term of electronic receivables, signalling Beijing’s effort to prioritise financial stability while protecting small suppliers’ access to credit.
PBoC Signals Continued Credit Ease to Back Growth as Zhejiang Tech Boom Boosts Markets
PBoC Governor Pan Gongsheng said the central bank will keep monetary policy appropriately loose and maintain relatively easy social financing to support growth, while cracking down on irregularities in accounts‑receivable financing and coordinating more closely with fiscal authorities. The stance aims to sustain credit access for firms — especially a booming tech sector in Zhejiang — while addressing risks from opaque financing channels.
PBoC Signals More Easing but with Targeted Tools as Beijing Recasts Monetary Framework
PBoC governor Pan Gongsheng said Beijing will pursue a ‘moderately loose’ monetary policy in 2026 with room for further reserve‑requirement and interest‑rate cuts, while accelerating a shift toward targeted structural tools and a market‑oriented monetary framework. The bank plans to expand re‑lending and risk‑sharing facilities for private firms, tech and small businesses, strengthen macroprudential oversight, and deepen international financial integration.