四部门发声！事关股票、债券、存贷款、美联储降息影响……

Core Viewpoint - The press conference highlighted the progress and stability of China's financial system, emphasizing the effectiveness of monetary policy and risk management in supporting economic growth during the "14th Five-Year Plan" period. Group 1: Banking and Financial Stability - As of June 2023, China's banking sector total assets reached nearly 470 trillion yuan, ranking first globally [2] - The number of high-risk local government financing platforms has decreased by over 60% since the beginning of 2023, and the scale of financial debt has dropped by over 50% [3] - The banking and insurance sectors' total assets exceed 500 trillion yuan, with an average growth of 9% over the past five years [6] Group 2: Monetary Policy and Economic Support - The People's Bank of China maintains a supportive monetary policy stance, focusing on internal and external balance, with a moderate easing approach [3][4] - Financial services to the real economy have significantly improved, with annual growth rates exceeding 20% for loans to technology SMEs, inclusive small and micro enterprises, and green loans during the "14th Five-Year Plan" [2] Group 3: Capital Market Development - The A-share market's total market capitalization surpassed 100 trillion yuan for the first time in August 2023, with direct financing's share increasing to 31.6% [8][9] - Various reforms have been implemented to enhance the capital market, including the introduction of new standards for unprofitable tech companies and the promotion of high-quality development for listed companies [9][11] Group 4: Foreign Investment and Exchange Reserves - By the end of July 2023, foreign institutions and individuals held over 10 trillion yuan in domestic stocks, bonds, and deposits [12] - China's foreign exchange reserves have remained stable above 3 trillion USD since the beginning of the "14th Five-Year Plan," contributing to a balanced international payment position [12]