潘功胜最新发声!继续实施好适度宽松的货币政策
Sou Hu Cai Jing·2026-01-22 09:55

Core Viewpoint - The article emphasizes the importance of creating a favorable monetary and financial environment to support high-quality economic development in China, as outlined in the "14th Five-Year Plan" [1] Group 1: Monetary Policy Implementation - The People's Bank of China (PBOC) will continue to implement a moderately loose monetary policy, focusing on stabilizing economic growth and ensuring reasonable price recovery [2] - The PBOC plans to utilize various monetary policy tools, including reserve requirement ratio (RRR) cuts and interest rate reductions, to maintain ample liquidity and align social financing scale with economic growth [2][3] - Specific measures include lowering the interest rates of structural monetary policy tools by 0.25 percentage points and increasing the quotas for agricultural and small enterprise loans [3] Group 2: Financial System Development - The PBOC aims to construct a scientific and robust monetary policy system and a comprehensive macro-prudential management system to promote high-quality financial development [4] - Key initiatives include optimizing the monetary policy target system, enhancing the market-based interest rate formation mechanism, and improving the structural monetary policy tool system [5] Group 3: Support for Real Economy - The PBOC will enhance financial support for key areas such as domestic demand expansion, technological innovation, and small and micro enterprises [7] - Specific actions include establishing a 500 billion yuan re-loan for consumer services and pensions, increasing re-loan quotas for technological innovation, and supporting small and micro enterprises through dedicated financial instruments [8] Group 4: Global Financial Cooperation - The PBOC will actively promote global financial governance reform and international financial cooperation, emphasizing multilateralism and open reform [9] - Initiatives include deepening financial sector openness, enhancing cross-border payment systems, and participating in international financial governance and cooperation [10]