On January 4th, the 2025 People's Bank of China Work Conference was held from January 3rd to 4th. The meeting emphasized that the implementation of moderately loose monetary policy will create a suitable monetary and financial environment for stable economic growth. < b > Comprehensive use of a variety of monetary policy tools, according to the economic and financial situation at home and abroad and the operation of financial marekt, select the opportunity to cut interest rates, maintain abundant liquidity and stable growth of financial aggregate, so that the scale of social financing and money supply growth match the expected goals of economic growth and overall price level. Better grasp the relationship between stock and increment, pay attention to revitalizing stock financial resources, and improve the efficiency of capital use. Maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, and resolutely prevent the risk of exchange rate overshoot.