Multiple policy meetings were held, and China continues to implement a moderately loose monetary policy

According to Jinshi, the People's Bank of China held a work meeting for the second half of 2026, deciding to continue implementing a moderately loose monetary policy. The State Administration of Foreign Exchange also held a meeting, stating that it will continue to steadily expand the institutional opening of the foreign exchange sector.

In addition, the China Cotton Association opposes U.S. sanctions against Chinese cotton textile enterprises, while the State Grid indicated that electricity loads in multiple regions have reached historical highs and will take multiple measures to ensure power supply.