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央行研究局局长王信:将适时降准降息,加大货币信贷投放力度

Director Wang Xin of the Central Bank Research Bureau: There will be timely reductions in reserve requirements and interest rates, and an increase in the intensity of MMF.

Breakings ·  06:08

At the 2024-2025 China Economic Annual Conference held today at the China International Economic Exchange Center, Wang Xin, Director of the Research Bureau of the People's Bank of China, stated that efforts should be made to moderately increase the support of monetary policy, timely reduce reserve requirements and interest rates, and increase the intensity of MMF. Overall, the moderately loose monetary policy next year will be implemented moderately based on this year's supportive stance. Efforts will be made to moderately increase the support of both aggregate and structural monetary policies, timely reduce reserve requirements and interest rates, and increase the intensity of MMF, as well as to provide greater support for key Global Strategies, key areas, and vulnerable links. The financing conditions for the real economy will be more relaxed and will more effectively meet the needs of development, helping to achieve a stable growth, stable employment, and a reasonable recovery of prices. Wang Xin revealed that in the next phase, the total quantity of monetary policy will need to be increased significantly to fully meet the effective financing demands and to promote the adequate flow of funds into the real economy.

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