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The central bank has released the first quarter of 2026 monetary policy implementation report, proposing to implement a moderately loose monetary policy, enhance policy flexibility and targeting, maintain sufficient liquidity, promote stable economic growth and reasonable price recovery. The report emphasizes improving the interest rate regulation framework, reducing financing costs, strengthening financial support for key areas, maintaining the basic stability of the RMB exchange rate, preventing systemic financial risks, and maintaining the smooth operation of the financial market.