潘功胜《人民日报》发文
证券时报·2025-12-04 01:06

Core Viewpoint - The article emphasizes the importance of constructing a scientific and robust monetary policy system and a comprehensive macro-prudential management system to support high-quality financial development and the establishment of a financial power in China [3][4][5]. Group 1: Importance of Monetary Policy and Macro-Prudential Management - The construction of a scientific and robust monetary policy system and a comprehensive macro-prudential management system is essential for maintaining currency stability and financial stability, which are the dual objectives of the central bank [4]. - This initiative is a necessary requirement for accelerating the establishment of a high-level socialist market economy and addressing the imbalances in development during the 14th Five-Year Plan period [4][5]. - The dual pillars of monetary policy and macro-prudential management are crucial for preventing systemic financial risks and ensuring the stability of the financial system [6]. Group 2: Building a Scientific and Robust Monetary Policy System - The goal is to continuously improve the monetary policy framework to achieve a dynamic balance among currency stability, economic growth, full employment, and balance of payments [7]. - Key tasks include optimizing the mechanism for basic currency issuance, improving market-oriented interest rate formation and transmission mechanisms, and enhancing the structural monetary policy tool system [9][10]. - The focus is on maintaining reasonable growth in financial aggregates while ensuring that monetary policy supports economic structural adjustments and high-quality development [8][9]. Group 3: Comprehensive Macro-Prudential Management System - The macro-prudential management system aims to monitor and assess systemic financial risks, implement preventive measures, and enhance the resilience of the financial system [12][14]. - It is crucial to cover the interconnections between macroeconomic operations and financial risks, as well as to monitor key financial markets and institutions to prevent systemic risks [12][13]. - The system should also address the external impacts of international economic and financial market risks, ensuring that the financial system can withstand external shocks [13][14]. Group 4: Key Tasks for Macro-Prudential Management - Strengthening the monitoring and assessment of systemic financial risks is vital, focusing on early identification and prevention of potential risks [14][15]. - Implementing risk prevention measures in key sectors and enhancing the regulatory framework for systemically important financial institutions are essential for maintaining financial stability [15][16]. - The establishment of a financial stability guarantee system, including effective governance and risk management practices, is necessary to fortify the first line of defense against financial risks [16].