China's economic data appears stable, ChinaThe central bank's meeting decided to continue to increase the regulation of macro policies, accurately and effectively implement a stable monetary policy, strive to expand domestic demand, boost confidence, and accelerate the pGss of economic.
According to the official website of the People's Bank of China on Wednesday (September 27), the Monetary Policy Committee of the People's Bank of China was held in Beijing on September 25th in the third quarter of 2023, and the above requirements were made.
The meeting pointed out that the current external environment is more complicated and severe, international economic and trade investment has slowed, inflation is still high, and the interest rates of developed countries will continue to maintain a high level; China's domestic economy has continued to recover, recovers, and increase power enhancement., But still face challenges such as insufficient demand.
The meeting proposed that we must continue to work hard and multiply, increase macro policy regulation, accurately and effectively implement a stable monetary policy, do a good job of adverse cycle and cross -cycle regulation, better give full play to the overall monetary policy toolsDual functions and structural dual functions, focus on expanding domestic demand, boosting confidence, accelerating a virtuous circle of economic, and providing more powerful support for the real economy.
The regulation plan proposed by the meeting includes: increase the implementation of monetary policy to maintain, maintain reasonable liquidity; enhance the guiding role of government investment and policy incentives, and effectively drive private investment; promote low prices to rise, and the low level of price recovery, which is recovered at a low level of price, and the low level of price recovers, which is recovered by low levels, and prices have rebounded at a low level.Maintaining prices at a reasonable level; continue to increase support for national economic key areas and weak links in national economic key areas and weak links for inclusive finance, green development, scientific and technological innovation, and infrastructure construction; guide large banks to serve the center of gravity, support banks to supplement capital, maintain financeThe stable development of the market; improve the formation of market -oriented interest rate formation and conduction mechanism, give play to the role of the central bank's policy interest rate guidance, and release the performance of the loan market quotation interest rate reform and the marketization adjustment mechanism of deposit interest rates.
The meeting also proposed that the marketization of exchange rate marketization should be deepened, and enterprises and financial institutions must adhere to the concept of "risk neutrality", comprehensively implement policies, corrected departure, stable expectations, and resolutely correct unilateral and smooth cycle behavior., Resolutely prevent the risk of exchange rate super -adjustment, and maintain the basic stability of the RMB exchange rate at a reasonable balance.
In addition, it is necessary to accurately implement differentiated housing credit policies due to urban policies, support rigid and improved housing demand, and promote the steady and healthy development of the real estate market; implement financial policies and measures to promote the healthy development of the platform, promote platform enterprisesStandardize healthy and sustainable development; promote high -level financial openness in two -way financial, and improve economic and financial management capabilities and ability to prevent and control risks under open conditions.
China's economic and financial data performance in August is higher than expected, showing that the market is stabilizing after the sharp decline in the market, but due to the survival of the real estate market crisis, coupled with local debt and geopolitical risks, some analysts also believe that the trend of stability is also believed that the trend of stabilityIt is difficult to continue.
