Core Viewpoint - The People's Bank of China (PBOC) is focusing on implementing the spirit of the Central Economic Work Conference, emphasizing macroeconomic stability and financial management to support economic growth and high-quality development in the coming year [1][2]. Group 1: Economic Performance and Policy Direction - The PBOC acknowledges the achievements made over the past year despite external pressures and internal challenges, highlighting the effectiveness of the central leadership in navigating economic development [2]. - The meeting emphasizes the need for a proactive macroeconomic policy to ensure the successful completion of the 14th Five-Year Plan and to set a solid foundation for the 15th Five-Year Plan [2]. Group 2: Monetary Policy and Financial Management - The PBOC plans to continue implementing a moderately loose monetary policy, focusing on stabilizing economic growth and ensuring reasonable price recovery [4]. - The central bank aims to enhance financial support for the real economy, particularly in key areas such as expanding domestic demand, technological innovation, and support for small and micro enterprises [4]. Group 3: Financial Stability and Risk Management - The PBOC is committed to preventing and mitigating financial risks, maintaining a balance between economic growth, structural adjustments, and financial stability [4]. - The central bank will strengthen its financial risk monitoring and early warning systems to ensure the smooth operation of financial markets and the stability of financial institutions [4]. Group 4: Financial Openness and International Cooperation - The PBOC is focused on advancing high-level financial openness while safeguarding national financial security, promoting international cooperation in financial governance, and enhancing the internationalization of the Renminbi [5]. Group 5: Year-End Preparations and Future Planning - The PBOC is tasked with closely monitoring financial market stability and ensuring the provision of financial services to meet public demand as the year ends [6]. - The central bank is urged to strengthen the Party's leadership over financial work and to actively plan for the upcoming year and the next five years to promote high-quality financial development [6].
央行,重磅发声!
Zhong Guo Ji Jin Bao·2025-12-12 16:27