Pan Gongsheng, President of the Peoples Bank of China: There is still room for r

Pan Gongsheng, president of the People's BankThe current deposit reserve ratio is 7%, and there is still room for reduction in subsequent approval.

Pan Gongsheng answered related questions at the Second Meeting Economic Theme Conference of the National People's Congress on Wednesday (March 6) in the afternoon of Wednesday (March 6).The situation is still complicated and changing. It is necessary to give full play to the policy of policy and increase the policy of macro -control.

Pan Gongsheng said that China's monetary policy tool box is still rich, and the monetary policy still has sufficient space. In the regulation of monetary policy, the central bank will pay more attention to the short -term and long -term, stable growth and risk prevention.The relationship between internal equilibrium and external equilibrium strengthens the inverse cycle and cross -cyclical adjustment, focusing on boosting confidence, stable expectations, stable prices, and creating a good monetary environment for economic operation and development.

He said that the total amount maintained a reasonable growth. Last year, the People's Bank of China lowered the deposit reserve ratio twice, and each decreased by 0.25 percentage points. On February 5 this year, the central bank reduced the deposit reserve.The rate is 0.5%, and the long -term liquidity of the first -time release is 1 trillion yuan (RMB, about S $ 189.2 billion).

Pan Gongsheng pointed out that the current deposit reserve ratio of the entire Chinese banking industry is 7%, and there is still room for reduction in subsequent approval.The central bank will comprehensively use a variety of monetary policy tools to increase the adjustment of inverse cycles, maintain reasonable liquidity, support the steady growth of social financing scale and total monetary credit, and balanced investment.The target match.

The Bank of China announced on January 24 this year that it will reduce the bank's deposit reserve ratio of 0.5 percentage points on February 5 this year, which is also the largest reduction since the Bank of China since December 2021.

China made two reductions in March and September last year, with a decrease of 0.25 percentage points. The market generally believes that it has limited role in driving medium and long -term economic growth or stock markets.