China will cut the reserve requirement ratio by 50 basis points from Feb. 5, People's Bank of China Governor Pan Gongsheng says in a press briefing.
中国人民银行行长潘功胜在新闻发布会上表示，中国将从2月5日起将存款准备金率下调50个基点。
RRR cut will release 1 trillion yuan long-term liquidity to market.
降准将向市场释放1万亿元人民币的长期流动性。
