潘功胜发文！研究和储备应对金融市场波动等领域的政策工具

Core Viewpoint - The article emphasizes the importance of establishing a scientific and robust monetary policy system and a comprehensive macro-prudential management system to achieve the dual goals of maintaining currency stability and financial stability [1] Group 1: Monetary Policy System - The aim is to continuously improve the monetary policy system to dynamically achieve an optimal combination of currency stability, economic growth, full employment, and balance of international payments [2] - Key tasks include optimizing the basic currency issuance mechanism, improving market-based interest rate formation and transmission mechanisms, and enhancing the structural monetary policy tool system [2][3] - The focus is on maintaining ample liquidity in the banking system to meet the effective financing needs of the real economy while optimizing monetary policy intermediate variables [2] Group 2: Macro-Prudential Management System - The comprehensive macro-prudential management system aims to observe, assess, and respond to financial risks from a macro, counter-cyclical, and contagion perspective [4] - Key tasks include establishing a monitoring, assessment, early warning, and prevention mechanism for systemic financial risks, as well as a financial stability guarantee system [4][5] - Emphasis is placed on strengthening the monitoring and assessment of systemic financial risks, focusing on key areas such as systemically important financial institutions and cross-border capital flows [4][6] Group 3: Risk Prevention Measures - Measures are proposed to prevent significant fluctuations in key sectors and industries that could impact high-quality economic and financial development [5] - The approach includes enhancing the loss absorption capacity of key financial institutions and implementing timely counter-cyclical regulatory measures for cross-border capital flows [5][6] - The goal is to promote a stable and healthy development of the real estate market and to balance risk prevention with innovation in internet finance [6]