China News Service, Beijing, March 30 (Reporter Xia Bin) The People's Bank of China announced on the 30th that the regular meeting of its Monetary Policy Committee in the first quarter of 2022 will be held in Beijing recently.
The meeting pointed out that it is necessary to build a financial system and mechanism to effectively support the real economy, improve the financial support innovation system, guide financial institutions to increase medium and long-term loans to the manufacturing industry, and strive to make financial support for private enterprises commensurate with the contribution of private enterprises to economic and social development. , and improve the green financial system with the goal of promoting carbon peaking and carbon neutrality.
The meeting mentioned that it is necessary to maintain stability and seek progress while maintaining stability, strengthen inter-cyclical and counter-cyclical adjustment, increase the implementation of prudent monetary policy, enhance forward-looking, precision, and autonomy, and give full play to the total amount and volume of monetary policy tools. The structure has dual functions, actively responds, boosts confidence, provides stronger support for the real economy, and stabilizes the macroeconomic market.
The meeting said that structural monetary policy tools should be actively "added", make precise efforts, make good use of inclusive small and micro loan support tools, increase re-lending to support agriculture and small businesses, implement carbon emission reduction support tools and support clean and efficient coal. Use special re-loans, comprehensively implement policies to support coordinated regional development, and guide financial institutions to increase support for small and micro enterprises, technological innovation, and green development.
The meeting pointed out that it is necessary to improve the formation and transmission mechanism of market-oriented interest rates, optimize the central bank's policy interest rate system, strengthen the supervision of deposit interest rates, focus on stabilizing the cost of bank liabilities, give full play to the efficiency of the reform of interest rates quoted in the loan market, and promote the reduction of comprehensive financing costs for enterprises.
At the same time, deepen the market-oriented reform of the exchange rate, enhance the flexibility of the RMB exchange rate, guide enterprises and financial institutions to adhere to the concept of "risk neutrality", strengthen expectation management, maintain a good balance between internal and external equilibrium, and maintain the basic level of the RMB exchange rate at a reasonable and balanced level. Stablize.
The meeting also mentioned that it is necessary to protect 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.
Promote high-level two-way financial opening, and improve economic and financial management capabilities and risk prevention and control capabilities under open conditions.
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