The central bank indicates that 300 billion policy and development financial instruments focus on leverage private capital participation | Express

Text/Liu Jia

A few days ago, the executive meeting of the State Council identified measures for policy and development financial instruments to support major project construction.

In order to solve problems such as difficulties in the place of capital in place, the People's Bank of China supports development banks and agricultural development banks to set up financial instruments, with a total scale of 300 billion yuan. It is used to supplement investment in major project capital, including new infrastructure, but not More than 50%of all capitals, or to bridge the capital of special debt projects.

The person in charge of the relevant department of the People's Bank of China said that the tool as a phased move, which helps meets the policy requirements of the capital capital of major projects, leverages more private capital participation, and forms a physical workload of infrastructure construction as soon as possible.

Regarding the investment direction of the tool, the person in charge of the above stated that policy and development of banks use financial instruments to focus on three types of projects: First, the five major infrastructure key areas of the 11th meeting of the Central Finance and Economics Committee, which are transportation water conservancy Energy network infrastructure, information technology, logistics and other industrial upgrading infrastructure, underground pipe corridors and other urban infrastructure, high -standard farmland infrastructure and national security infrastructure. The second is major scientific and technological innovation fields. Third, other projects that can be invested by special bonds of local governments.

In addition, in terms of funds, the People's Bank of China has led the support of the development of banks and the issuance of financial bonds issued by the Agricultural Development Bank to raise funds for 300 billion yuan. The central government is appropriately discounted according to the actual equity investment amount, with a discounted period of 2 years.

Talking about policy and development financial instruments on the transmission of monetary policy, the person in charge stated that the financing support of major projects through the financial instrument is conducive to insisting on not engaged in large water irrigation and not excessive currency conditions. Guide financial institutions to issue medium- and long -term low -cost supporting loans, unblock monetary policy transmission mechanisms, enhance the stability of credit growth, help achieve the overall effect of expanding investment, employment, and consumption, and stabilize the macroeconomic market.

Edit: Meng Junlian

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