Group 1 - The People's Bank of China (PBOC) announced a 5% reduction in the reserve requirement ratio for auto finance companies and financial leasing companies, effective May 15, 2025, to implement a moderately loose monetary policy and enhance macroeconomic regulation [1][6]. - This adjustment is seen as a signal of support from the government for the automotive industry, automotive circulation industry, and automotive finance industry, particularly during a phase of increased domestic demand in the automotive consumption market [6][7]. - The reduction in the reserve requirement means that these financial institutions will no longer need to set aside a portion of their funds, allowing them to use the released capital for more flexible loans and investments, thereby increasing market liquidity [6]. Group 2 - PBOC Governor Pan Gongsheng indicated that this "reduction in reserve requirement" is a temporary measure, reflecting the significant role financial institutions play in promoting automotive sales and consumption [6]. - The removal of the reserve requirement may lead financial institutions to rely more on their liquidity management capabilities, which could pose risks if market demand for funds surges or if economic volatility increases [6].
存款准备金率调降至0%！汽车金融迎利好 专家：金融机构对拉动汽车消费起到关键性作用
Mei Ri Jing Ji Xin Wen·2025-05-08 10:15