Xinhua News Agency, May 15-the central bank released a report on the implementation of China's monetary policy in the first quarter: continue to promote the market-oriented reform of interest rates, improve the central bank's policy interest rate system, improve the formation and transmission mechanism of market-oriented interest rates, and guide market interest rates to fluctuate around policy interest rates. We will implement the market-oriented adjustment mechanism of deposit interest rates and strive to stabilize the debt costs of banks. We will give full play to the effectiveness of the reform of the quoted interest rate in the loan market and promote a steady decline in the comprehensive financing costs of enterprises and the cost of personal consumer credit.