美联储忙着降息，中国为什么不跟？潘功胜先生这番话说到了点子上

Group 1 - The core viewpoint is that while many global central banks are lowering interest rates, China's central bank adopts a cautious and independent approach, focusing on domestic economic conditions [1][3][13] - China's central bank emphasizes a balanced monetary policy that is not merely reactive to global trends, but rather strategically tailored to its own economic context [5][11] - The difference in monetary policy between the US and China is highlighted, with the US benefiting from high interest rates that attract global capital, while China faces challenges such as a low net interest margin for commercial banks [5][7] Group 2 - The recent depreciation of the US dollar has led to a slight appreciation of the Chinese yuan, which alleviates debt pressure for companies with dollar-denominated loans, particularly those with significant overseas operations [7][9] - However, the appreciation of the yuan poses challenges for export-oriented industries, particularly those with thin profit margins, such as textiles and toys, which may face increased order pressure [9][11] - The central bank's strategy includes targeted liquidity support for small and medium-sized enterprises and the manufacturing sector, rather than broad-based monetary easing [11][13] Group 3 - The cautious approach of China's central bank is seen as a stabilizing factor in the global market, providing a reliable anchor amid fluctuations in the US dollar and global economic uncertainties [13][15] - The central bank's strategy of "steady growth" and "risk prevention" reflects a prudent balance that strengthens the domestic economy while contributing to global market stability [13][15] - The emphasis on a gradual and precise monetary policy approach, likened to "drip irrigation" rather than "flooding," showcases the central bank's commitment to sustainable economic management [11][15]