China News Service, March 17th. According to the website of the People's Bank of China, in order to implement the requirements of the Executive Meeting of the State Council on March 10th to better play the role of the refinancing and rediscount policy, on March 17, the People's Bank of China held a teleconference. Re-mobilize, re-deploy, and re-arrange the use of re-loan re-discount policies to support the resumption of work and production.
The meeting pointed out that since the 500 billion yuan rediscount rediscount policy was introduced, the head office and branches of the People's Bank of China have adopted various measures to actively coordinate local governments and financial institutions, effectively promote the implementation of the rediscount rediscount policy, and actively guide financial institutions to issue Qualified preferential interest rate loans guided the investment of funds in the field of resumption of work and production, achieving the policy effect of precision drip irrigation. As of March 15, financial institutions had issued a total of 111.4 billion yuan of preferential interest rate loans, which played an important role in supporting enterprises to resume work and resume production.
The meeting emphasized that the head office and branches of the People's Bank of China should unify their thinking and actions to the deployment of the Party Central Committee and the State Council, and proceed with caution. The current situation of epidemic prevention and control is changing positively. Enterprises resume work and resume production steadily and orderly, but the tasks of epidemic prevention and control and economic and social development are still arduous and arduous. The People's Bank of China must make good use of the existing financial support policies and continue to increase financial support. , To further bring into play the effect of the rediscount and rediscount policy.
The meeting requested that the branches of the People's Bank of China should further manage the refinancing and redemption policies and focus on supporting the “difficulties” and “pain points” that are urgently needed at this stage and are affected by the epidemic. They mainly include supporting the ability to fight the impact of the epidemic Weak small and micro enterprises resume work and production, support key areas such as pig farming, aquaculture, phosphate fertilizer production, and other key areas for spring ploughing, and support foreign trade areas such as international supply chain product production, and support economic and social development in poor areas. Large tourism and entertainment, accommodation, catering, transportation and other industries must also do a good job of financial support. All branches should strengthen supervision and management to ensure that funds are disbursed in accordance with laws and regulations and to prevent “ranching and dripping”. We must pay more attention to the decisive role of the market in the allocation of resources, and promote the organic combination of market-based financing methods such as commercial loans and re-discounting policies to support the development of the real economy.