央行：建议加强货币政策调控 提高前瞻性、针对性、有效性

Core Viewpoint - The People's Bank of China emphasizes the need for a moderately loose monetary policy to support high-quality economic development and create a favorable financial environment for economic recovery [1][2][4] Monetary Policy Strategy - The meeting suggests enhancing monetary policy regulation with a focus on forward-looking, targeted, and effective measures, ensuring that monetary supply aligns with economic growth and price level expectations [2] - It is crucial to maintain ample liquidity and guide financial institutions to increase credit supply, matching social financing scale and money supply growth with economic targets [2] - The central bank aims to strengthen policy interest rate guidance and improve the market-based interest rate formation transmission mechanism [2] Financial Stability and Support - Large banks are encouraged to play a leading role in providing financial services to the real economy, while small and medium-sized banks should focus on their core responsibilities and enhance capital strength [3] - The meeting highlights the importance of implementing structural monetary policy tools to support key areas such as technological innovation, consumption, small and micro enterprises, and stabilizing foreign trade [3] - There is a focus on improving financial services for the private economy and addressing financing bottlenecks for small and micro enterprises [3] Economic Development Goals - The meeting underscores the primary task of high-quality development and the need to advance Chinese-style modernization while fully implementing the new development concept [4] - It emphasizes the importance of strengthening domestic circulation and coordinating total supply and demand to enhance macro policy coordination [4]