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.
中國人民銀行行長潘功勝在新聞發佈會上表示,中國將從2月5日起將存款準備金率下調50個點子。
RRR cut will release 1 trillion yuan long-term liquidity to market.
降准將向市場釋放1萬億元人民幣的長期流動性。