央行明确2026年五方面重点工作 将灵活高效运用降准降息等多种货币政策工具
Shang Hai Zheng Quan Bao·2025-12-12 19:25

Core Viewpoint - The People's Bank of China emphasizes the implementation of a moderately accommodative monetary policy to support economic stability and high-quality development while ensuring financial market stability. Group 1: Monetary Policy Implementation - The meeting highlighted the need to continue a moderately accommodative monetary policy, focusing on promoting stable economic growth and reasonable price recovery as key considerations [1][2] - It was emphasized to flexibly and efficiently utilize various monetary policy tools such as reserve requirement ratio (RRR) cuts and interest rate reductions, maintaining ample liquidity and supporting the real economy [2][3] Group 2: Financial Risk Prevention - The meeting underscored the importance of balancing economic growth, structural adjustments, and financial risk prevention at the macro level to ensure high-quality economic development [3] - Strengthening financial risk monitoring, assessment, and early warning systems was identified as crucial for maintaining stable financial markets [3] Group 3: Central Bank System Improvement - The meeting called for the construction of a scientific and robust monetary policy system, enhancing the central bank's legal foundation and operational framework [2] - It was noted that a comprehensive macro-prudential management system and mechanisms for systemic financial risk prevention and resolution should be established [2] Group 4: Financial Market and Infrastructure Development - The meeting stressed the need to build a transparent, open, and resilient financial market system, along with a secure and efficient financial infrastructure [2] - The importance of advancing the internationalization of the Renminbi and developing a multi-channel, widely covered cross-border payment system was also highlighted [3]

央行明确2026年五方面重点工作 将灵活高效运用降准降息等多种货币政策工具 - Reportify