Chinese officials have successively announced the relaxation of epidemic prevention and boosting the property market measures, indicating that the attention of national leaders is shifting to save the economy.
Bloomberg Society on Monday (November 14) quoted people familiar with the matter.Take a decisive action to reverse the economic trend of being dragged down by the two -year epidemic prevention.The National Health and Health Commission of China has previously announced that 20 optimization of epidemic prevention measures have been announced to reduce the impact of epidemic prevention on the economy and society.
The transformation of major policies in the Chinese government may help the prospects of economic growth and promote the Hang Seng Chinese Enterprise Index has risen by 17%in the past two weeks, but the resistance faced by the economic and real estate industry may continue to exist.
But this is in stark contrast to the pessimism of the market at the end of October.The Hang Seng Chinese Enterprise Index has now removed the decline, and has changed from the global stock index to the top index.
Hu Weijun, director of the China Economic Director of McGea Group, said: "This is a meaningful loose. After the 20th National Congress of the Communist Party of China, there are many ways to adjust the space for policy adjustment, including the two mountains of the Chinese economy:Dynamic clearance of real estate. "
These changes occurred before the Chinese President Xi Jinping met with US President Biden during the G20 summit on the 14th.This is the first meeting since the head of the two countries since the epidemic.Senior officials of the US Department of Finance said that when Treasury Minister Jen Yellen met with the President of the Chinese Bank of China this week, he would seek information about China's epidemic prevention policies and real estate policies.
People familiar with the matter revealed that the Bank of China and the China Banking Regulatory Commission jointly issued a notice on Friday on Friday, asking financial institutions to support the "stable and healthy development" of the real estate market.As part of the rescue plan, real estate companies' stock loans and trust loans such as bank loans and trust loans expired in the next six months can allow more than one year for the original specifications;Waiting for arrangements, support bond issuers to repurchase bonds in domestic and overseas markets.
The Bank of China and the China Banking Regulatory Commission did not immediately reply to the evaluation request on Sunday (13th).
The National Health and Health Commission of China also released 20 measures to adjust the prevention and control of the epidemic, including the number of days that the immigration personnel and the close contact must be isolated, and the cancellation of the melting mechanism of entry flights.
These changes do not mean the end of China's "dynamic clear zero" policy.In fact, the next day after the release of the new measures, Chinese officials quickly clarified that related adjustments were perfect rather than relaxing, and they must still unswervingly implement the "dynamic clear zero" general policy.
Shen Meng, executive director of Xiang Song Capital, said: "The extreme pessimism of the market eventually leads to the key policy changes in the two major economic pressures. It is still difficult to judge whether this has become an economic turning point."
