(Beijing Comprehensive News) Wang Yiming, member of the People's Bank of China Monetary Policy Committee, said on a economic forum on Wednesday (September 27) that China's economic growth is expected to be slightly higher than 5%this year.
According to Reuters, Wang Yiming also refuted the "Japaneseization" of the Chinese economy at the forum.He believes that China's economic situation is very different from Japan in the 1990s, and the "Japaneseization" that the outside world is worried about.
He said that China does not have "Japaneseization" and "we are still in the stage of medium and high -speed growth."
Some analysts believe that due to the downturn of real estate, high debt and population aging, the Chinese economy is moving towards "Japaneseization", that is, the "lost decades" that have stagnated the Japanese economy since the 1990s.
The Chinese government sets the 2023 economic growth target at about 5%. However, under the situation where the Chinese economy faces many challenges and unstable recovery foundations, the outside world has different views on whether China can achieve this growth goal.
According to the news released on Wednesday, the official website of the People's Bank of China, the third -quarter regular meeting of the Central Bank Monetary Policy Committee held on Monday decided to increase macro policy regulation, accurately and effectively implement stable monetary policies, focus on expanding domestic demand, boosting confidence in confidence, Accelerate the virtuous cycle of economic.
The meeting proposed that it is necessary to increase the implementation of monetary policy, maintain reasonable liquidity, maintain a reasonable growth in credit, stable rhythm, and maintain the basis of economic growth in the same name as the same name as the growth rate of social financing; promote price pricesThe low position rises, keeping the price at a reasonable level.
In terms of real estate credit policy, the meeting pointed out that it is necessary to accurately implement differentiated housing credit policies due to urban policies, support rigid and improved housing demand, implement the dynamic adjustment mechanism of the first settlement interest rate policy, reduce the down payment comparison and two sets of two setsThe lower limit of the mortgage interest rate has been promoted to reduce the interest rate of the first set of mortgages in stock.
The People's Bank of China also emphasized again that the exchange rate is super -adjustment, deepen the market -oriented reform of the exchange rate, stabilize expectations, and maintain the basic stability of the RMB exchange rate at a reasonable balance.
