Zhongxin Finance, February 11. On the 11th, the central bank released the "China Monetary Policy Implementation Report (4th Quarter 2021)" (hereinafter referred to as the "Report").

The "Report" proposes that structural monetary policy tools should be actively "added".

Guide financial institutions to increase credit extension to areas with slow credit growth, guide financial institutions to continue to increase initial loans, renewal loans, and credit loans, and promote the formation of a long-term mechanism for dare to loan, willing to loan, able to loan, and joint loan.

  The "Report" proposes that it will continue to give full play to the leading role of structural monetary policy tools.

Maintain the stability of re-lending and re-discount policies, continue to provide inclusive and continuous financial support to agriculture-related, small and micro enterprises, and private enterprises, and guide financial institutions to increase credit issuance to areas with slow credit growth.

  Do a good job in the continuous conversion of two direct-to-real economy monetary policy tools, increase financial support for small and micro enterprises, continue to promote the "incremental, price reduction, and expansion" of inclusive small and micro loans, so as to better play its role in stabilizing enterprise protection. important role in employment.

  At the same time, implement carbon emission reduction support tools and special re-loans to support the clean and efficient utilization of coal, support eligible financial institutions to provide preferential interest rate financing for key projects with significant carbon emission reduction effects, and support the clean and efficient utilization of coal and coal power. Ensuring security of energy supply while supporting the transition to a green and low-carbon economy.

  The "Report" also stated that it will build an institutional mechanism for finance to effectively support the real economy.

Strengthen the construction of financial service capabilities of small, medium and micro enterprises, guide financial institutions to continue to increase initial loans, renewal loans, and credit loans, and promote the formation of long-term mechanisms for dare to loan, willing to loan, able to loan, and joint loan.

Improve the availability of supply chain financing for small, medium and micro enterprises, and promote the improvement of financing supporting mechanisms for small, medium and micro enterprises.

  Continue to consolidate and expand the achievements of poverty alleviation, do a good job in financial support for the development of the seed industry, new agricultural business entities, agricultural and rural infrastructure construction and other fields, guide financial institutions to innovate exclusive financial products and services, and better meet the diversified financing needs of agriculture-related fields.

  In terms of housing, we must firmly adhere to the positioning that houses are for living in, not for speculation, insist on not using real estate as a short-term means of stimulating the economy, insist on stabilizing land prices, housing prices, and expectations, and implement a prudent management system for real estate finance. Increase financial support for housing leasing, safeguard the legitimate rights and interests of housing consumers, better meet the reasonable housing needs of home buyers, and promote the healthy development and virtuous circle of the real estate market.

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