On December 4, according to People's Bank of China*** news, Pan Gongsheng, Secretary of the Party Committee and President of the People's Bank of China, wrote an article saying that People's Bank of China take the in-depth study Xi implementation of the spirit of the ** Financial Work Conference as the most important political task at present. Comprehensively promote the construction of a modern first-class banking system, accelerate the construction of a modern financial system with Chinese characteristics, and serve Chinese modernization with high-quality financial development.
In terms of financial services for the real economy, Pan Gongsheng pointed out that more attention should be paid to cross-cyclical and counter-cyclical adjustments, and the total amount of money and credit and the scale of social financing should grow reasonably. Comprehensively use a variety of monetary policy tools to maintain reasonable and sufficient liquidity, guide financial institutions to enhance the stability and sustainability of credit growth, meet the effective financing needs of the real economy, and promote stable economic growth. Actively revitalize the financial resources that are inefficiently occupied and improve the efficiency of capital use.
The article talks about strengthening coordination and cooperation with fiscal, regulatory and other policies, and continuing to increase support for major strategies, key areas and weak links. Serve the primary task of high-quality development, continue to make good use of the support tools for re-lending, re-discounting and inclusive small and micro loans to support agriculture and small enterprises, continue to implement carbon emission reduction support tools, special re-loans to support enterprise technological progress, special re-loans for inclusive pension, etc., support the healthy development of scientific and technological innovation, private small and micro enterprises, advanced manufacturing, green development, inclusive pension and other fields, and do a good job in the five major articles of science and technology finance, green finance, inclusive finance, pension finance and digital finance.
Regarding the real estate market, Pan Gongsheng said in the article that he took the initiative to adapt to the major transformation of China's real estate market, and strategically firmly adhered to the positioning that the house is for living, not for speculation;Strategically, weaken the risk level of the real estate market, prevent the spillover of real estate market risks, meet the reasonable financing needs of real estate enterprises of different ownership systems without discrimination, and maintain the steady operation of the real estate market. Provide medium and long-term low-cost financial support for the construction of the "three major projects" such as affordable housing, improve the housing rental financial policy system, and accelerate the construction of a new model of real estate development.
At the same time, the article talks about persisting in deepening financial reform and opening up, and improving a modern financial system that is highly adaptable, competitive, and inclusive. Speed up the construction of a modern banking system. We will improve the two-pillar regulatory framework of monetary policy and macro-prudential policy, maintain the stability of the renminbi and financial stability, and promote full employment and economic growth. Deepen the market-oriented reform of interest rates and exchange rates, and improve the mechanism for the formation, regulation and transmission of market-oriented interest rates. Implement the independent financial budget management system of ** bank, enhance the financial strength of ** bank, and provide solid support for the performance of duties in accordance with the law. Improve the modern payment system with wide coverage, efficiency and security. Complete a credit reporting system that covers the entire society, advancing the development of our nation's credit reporting market.