The People’s Bank of China (PBOC) said in a statement released after its work conference for the second half of the year that it will make comprehensive use of monetary policy tools and adjust them in a timely manner.
China’s central bank will keep policy moderately loose in H2 2026, using timely tools and counter-cyclical adjustment to support growth.
For manufacturers, exporters and sourcing teams, this signals ample liquidity and balanced credit supply in China’s financing environment.
PBOC will strengthen credit enhancement for private firms and SMEs, and advance bond tools for technological innovation.
The PBOC added that it will promote the high-quality development of a “technology board” in the bond market, steadily implement risk-sharing instruments for technological innovation and private-enterprise bonds, and explore information sharing and integrated data application in the sci-tech finance sector.
The bank said it will improve the credit enhancement system for private enterprises and small and medium-sized enterprises (SMEs), and strengthen financial service capabilities for SMEs in the second half of 2026.
For manufacturers, exporters and sourcing-linked businesses tracking China’s financing environment, the policy direction includes ample liquidity, a more balanced credit supply from financial institutions, and social financing and money supply growth aligned with expected targets for economic growth and overall price levels.
Fibre2Fashion News Desk