📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Wen Bin, Chief Economist of Minsheng Bank: There is still room and necessity for reserve cuts and interest rate cuts
On February 5th, Jin10 News reported that Wen Bin, Chief Economist of Minsheng Bank, said that there is still room and necessity for reserve requirement ratio cuts and interest rate cuts. Currently, the average reserve requirement ratio of Financial Institutions is about 6.6%, and it is expected that the reserve requirement ratio will be cut twice by about 100 basis points throughout the year. Given the current low level of prices, it is expected that the policy interest rate will be reduced by 30-40 basis points, further reducing the actual financing cost of the real economy.