In April 2022, the deposit reserve ratio was lowered: 1. Maintain foreign exchange liquidity. 2. The need to improve the credit capacity of banks. 3. Reduce the enterprise's demand for financing capital; 4. The need to finally realize the marketization of interest rates; 5. It is necessary to implement a proactive fiscal policy and investment policy. 6. Deflation risk continues, and the deposit reserve ratio needs to be lowered.