World Cultural and Natural Heritage—Wuyi Mountain Commemorative Coin 2020

December 21, 2021October 24, 2023

Back: Wuyi Mountain’s Jade Girl Peak, Jiuqu Stream, Golden-spotted Swallowtail, tea leaves, bamboo rafts, Wuyi Jingshe, stone carvings, etc. The words “World Cultural and Natural Heritage—Wuyi Mountain” are printed below the main scene.

Policies Information

PBC to Cut Required Reserve Ratio for Financial Institutions on December 15, 2021

December 7, 2021September 23, 2024

To support the development of real economy and steadily bring down overall financing costs, the PBC is scheduled to cut the required reserve ratio (RRR) for financial institutions (excluding those that have already implemented an RRR of 5 percent) by 0.5 percentage points on December 15, 2021. The weighted average RRR for financial institutions will be 8.4 percent after the cut.