Chinanews Client, November 6th. On November 6, Liu Guoqiang, vice governor of the People’s Bank of China, stated at the State Council’s policy briefing that the policy must be deterministic. Monetary policy is mainly in three aspects. The first is quantity. There must be a certain amount, of course not too much, not overflowing.
In addition, the overall price of funds is on a downward trend, and there must be certain expectations.
Also, where do the funds go?
Go to the real economy instead of playing the game of "money makes money".
Let these three certainties deal with the high degree of uncertainty, the effect is good.
The current domestic economic recovery is in good shape. The central bank's policy interest rate and loan market quote rate (LPR) have remained stable, and corporate loan interest rates have continued to decline and are at a historically low level.
With the LPR reform, the monetary policy transmission mechanism has become smoother, and the 1.5 trillion yuan profit transfer target can be achieved this year. These policies have provided strong support for the "six stability" and "six guarantees" work.