The re -loan family adds new members: Promote the update of equipment updates in the 10 field, the amount is 200 billion yuan

29.09.2022

Number of this text: 1709, the reading time is about 3 minutes.

Guide: The quota is more than 200 billion yuan, the interest rate is 1.75%, the period is 1 year, the exhibition period can be 2 times, and the period of each exhibition period is 1 year.

Author | First Finance Du Chuan

In order to promote the renewal of equipment updates in the weak areas of economic and social development, the loan family has added new members.

On September 28, the People's Bank of China announced that the establishment of equipment renewal and renovation special re -loan, special support financial institutions provided by the update and transformation of equipment in the manufacturing, social services, small and medium -sized enterprises, individual industrial and commercial households, individual industrial and commercial households, and individual industrial and commercial households, which were updated and transformed. loan. The device update and transformation special re -loan quota is more than 200 billion yuan, the interest rate is 1.75%, the period is 1 year, the exhibition period can be 2 times, and the period of each exhibition period is 1 year.

The central bank said that the purpose of establishing this special re -loan is to promote the update of equipment updates in the weak areas of economic and social development, which is conducive to expanding the needs of the manufacturing market, promoting consumption recovery to become the main force of economic stimulating, and enhancing development stamina.

Support 10 areas

On September 13, the Executive Meeting of the State Council determined that the special re -loan and fiscal discount support supported the update of equipment for some fields to expand the development of market demand. The meeting pointed out that promoting the update and transformation of equipment for weak economic and social development is conducive to expanding the needs of manufacturing and promoting consumption recovery to become the main force of economic streaming.

Specifically, the State Frequently decided to update the transformation equipment in the fourth quarter of the manufacturing, social services fields, small and medium -sized enterprises, individual industrial and commercial households, and support banks to invest in medium- and long -term loans at no more than 3.2%interest rates. The People's Bank of China pays a special re -loan at 100%of the loan principal.

From the perspective of issuing objects and support areas, the field of support for this special re -loan policy is education, hygiene, cultural tourism and sports, training bases, charging piles, urban underground comprehensive pipe galleries, new infrastructure, industrial digital transformation, and energy saving in key areas Carbon reduction and upgrading, waste home appliance recycling treatment system, including 10 fields, etc., purchase and update transformation of equipment. The device update and reconstruction special re -loan issuance targets include 21 financial institutions including State Development Bank, Policy Bank, State -owned Commercial Bank, China Postal Savings Bank, and joint -stock commercial banks.

The central bank said that the equipment renewal and renovation special re -loan implementation list management. Relying on the promotion of an important project coordination mechanism for effective investment, the Development and Reform Commission will form a list of selected projects in the sub -field with relevant local and central departments and central enterprises. In accordance with the principles of marketization, financial institutions have independently decided and take risks to issue loans to the projects in the list. The special re -loan adopts a direct mechanism of "lending first and then borrowing", which is issued monthly. For financial institutions from September 1st, 2022 to December 31, 2022, a qualified loan issued to the project in the list with a interest rate of not higher than 3.2%, the People's Bank of China provides financial support at the loan principal and equal amounts.

"Generally speaking, this policy tool may have three effects: promoting investment, wide credit, and balance of balance of internal and external balance." Dongfang Jincheng's point of view believes that equipment updates and re -loans are mainly pointing to social fields, new infrastructure and manufacturing transformation and upgrading, etc. The direct role is to promote the renewal investment of these fields. This means that investment in the social field in the fourth quarter will maintain a high -growth momentum and continue to play an active role in promoting investment. At the same time, strengthening investment in the social field will also help strengthen shortcomings and effectively promote high -quality development. Policies support the update of equipment in the field of new infrastructure and manufacturing transformation and upgrading, and will also play a role in promoting investment growth in related fields in the short term. In the long run, it will help promote the comprehensive economic transformation and upgrading.

Wen Bin, the chief economist of China Minsheng Bank, believes that for commercial banks, it applies to the central bank for re -loan with a 1.75%interest rate and 100%principal, and then puts it at 3.2%. Bad, this will help stimulate the enthusiasm of loan lending in commercial banks. However, this also puts forward higher requirements for banks. Compared with the process -based credit business of real estate and photovoltaic industries, it is more difficult for equipment to update and transform loan due to due diligence and approval. Commercial banks must strengthen pre -loan management, conduct more detailed investigations on the targets to avoid arbitrage behavior; at the same time, do post -loan management, strengthen the use of credit funds and flow to monitor, and ensure that funds are not misappropriated and taken.

Strengthen structural policy tools

Over the past year, the central bank has successively launched phased tools such as supporting coal clean and efficient use of special re -loan, scientific and technological innovation re -loan, inclusive pension special loans, and special re -loans of transportation and logistics to accurately drip the real economy. In terms of methods, all financial institutions provide credit support to specific areas and industries, and the People's Bank of China will provide re -loan fund support according to the amount of credit issuance of financial institutions.

The China Banking Research Institute's "China Economic and Financial Outlook Report" predicts that while maintaining the consensus financing environment, monetary policy will strengthen the use of structural monetary policy tools and increase support for industries and enterprises that have a greater impact on the epidemic. In particular, considering that the differentiation of Chinese and foreign monetary policy in the fourth quarter will further intensify, and the balance between internal growth and external exchange rates must be made. Increase the support of industries and enterprises in difficulties, in the future, we should continue to strengthen the role of structural monetary policy tools, comprehensively use special re -loans, re -discounting and other methods to support difficult industries and enterprises' capital turnover, prevent the risk of disconnecting capital chain, ensure that ensuring The industrial chain supply chain is operating normally. Encourage financial institutions to continue to increase support for industries such as inclusive, green, and high -tech, and help the economy of high -quality economy. Oriental Jincheng judged that the new RMB loan will continue to increase in an increase in more than September to the end of the year. The introduction of this policy also means that in the context of the sharp tightening of the external financial environment and the severe fluctuations of the global exchange market, the steady growth of monetary policy pays more attention to both internal and external balance and emphasize accurate efforts.

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