Central Bank: Provide more powerful support for the real economy

Xinhua News Agency, Beijing, September 29 (Reporter Wu Yu) The People's Bank of China released on the 29th that it is necessary to strengthen the cycle and counter -cyclical adjustment, increase the implementation of stable monetary policies, and use the total amount and structure of monetary policy tools. Function provides more powerful support for the real economy.

The People's Bank of China Monetary Policy Committee recently held a third quarterly meeting of 2022. The meeting pointed out that it is necessary to further unblock the monetary policy transmission mechanism, maintain reasonable liquidity, and enhance the stability of total credit growth. Use policy development financial instruments to focus on supporting infrastructure construction. Structural monetary policy tools should continue to do a good job of "addition", strengthen support for key areas, weak links and epidemic affected industries, and support financial institutions to update and transform loans in key areas such as manufacturing. Guide financial institutions to increase the medium- and long -term loans of the manufacturing industry, and strive to stabilize the industrial chain supply chain to promote the realization of carbon peaks and carbon neutrality to improve the green financial system.

The meeting proposed that the focus of large banks' services sank, promoting small and medium banks to focus on the main business, and support banks to supplement capital. Optimize the central bank's policy interest rate system, give full play to the important role of the market -oriented adjustment mechanism of deposit interest rates, play the effectiveness and guidance role of the loan market quotation interest rate reform, and promote the reduction of comprehensive financing costs of enterprises and personal consumer credit costs. Deepen the market -oriented reform of exchange rates, strengthen the elasticity of RMB exchange rates, guide enterprises and financial institutions to adhere to the concept of "risk neutrality", strengthen expected management, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level.

In addition, the meeting proposed that due to the use of policies and toolboxes for urban strategies, supporting rigidity and improving housing needs, promoting special borrowing of insurance buildings to accelerate the use and view of appropriate efforts, guide commercial banks to provide supporting financing support, maintain maintenance, maintain maintenance The legitimate rights and interests of housing consumers will promote the steady and healthy development of the real estate market. Promote the healthy and sustainable development of the platform's economy, and implement normalized supervision of the platform economy.

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