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The people's Bank of China has decided to lower the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding financial institutions that have implemented the required reserve ratio of 1.2 trillion), the people's Bank of China has decided to lower the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding financial institutions that have implemented the deposit reserve ratio of 5%). After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.4%. The cut totaled about 1.2 trillion yuan in long-term funds.

China nonferrous metals industry annualThe central bankCut the reserve requirement