A股13连阳关键时刻，央行开年第一会释放重磅消息！再提“向非银机构提供流动性的机制性安排”，或成我国中央银行制度又一项重大改革

Group 1 - The People's Bank of China (PBOC) emphasizes a stable yet progressive monetary policy for 2026, focusing on high-quality economic development and reasonable price recovery while maintaining ample liquidity [1] - The PBOC plans to implement a mechanism for providing liquidity to non-bank financial institutions under specific scenarios, which is crucial for supporting capital markets [1][5] - Non-bank institutions, including brokerages, funds, and insurance companies, are highlighted as key players in the financial system, necessitating direct liquidity support from the central bank [6][7] Group 2 - The introduction of two monetary policy tools in 2024 significantly reversed the downward trend in the A-share market, marking the beginning of the "924 market" rally [2][3] - The PBOC's creation of liquidity support tools for non-bank financial institutions aims to enhance the stability of capital markets and is seen as a long-term mechanism [2] - The PBOC's previous liquidity support measures have been effective in stabilizing market sentiment, indicating a shift towards a more inclusive monetary policy framework [8]