恢复买卖国债、实施个人信用修复……潘功胜“圈出”央行下一步工作重点

Core Viewpoint - The People's Bank of China (PBOC) is committed to building a comprehensive macro-prudential management system to enhance financial stability and risk prevention measures in the financial sector [2][5]. Group 1: Macro-Prudential Management System - The PBOC aims to strengthen the monitoring and assessment of systemic financial risks [2]. - Key measures include improving risk prevention for important institutions and sectors, enriching the macro-prudential management toolbox, and establishing an efficient governance mechanism [2]. - Specific areas mentioned for tool enhancement include financial institutions, financial markets, real estate finance, and risk disposal resources [2]. Group 2: Monetary Policy - The PBOC will continue to implement a moderately accommodative monetary policy, utilizing various tools to maintain relatively loose social financing conditions [5]. - The central bank plans to resume the buying and selling of government bonds after a pause due to market imbalances earlier in the year [5]. Group 3: Digital Currency and Stablecoins - The PBOC will optimize the management system for digital currency and support more commercial banks to operate digital currency services [5]. - The central bank expresses a cautious stance on stablecoins, highlighting their early development stage and associated financial risks, including issues related to customer identity verification and anti-money laundering [6]. - Ongoing policies to prevent and manage risks associated with domestic virtual currency trading will continue to be enforced [6]. Group 4: Personal Credit Repair Policies - The PBOC is researching a one-time personal credit relief policy to assist individuals who have defaulted on loans due to uncontrollable factors like the COVID-19 pandemic [7]. - This policy aims to help individuals restore their credit records while maintaining the effectiveness of default records as a constraint [7].