央行最新发声:继续实施适度宽松的货币政策
21世纪经济报道·2025-12-12 12:41

Core Viewpoint - The article emphasizes the importance of the People's Bank of China (PBOC) in implementing monetary policy and financial management to support economic stability and growth in the coming year, guided by the principles outlined in the Central Economic Work Conference and the Party's leadership [1][2][6]. Group 1: Economic Context and Achievements - The PBOC acknowledges the challenges faced over the past year, including increased external pressures and internal difficulties, but highlights that the economy has managed to progress and achieve its main development goals, marking a successful conclusion to the 14th Five-Year Plan [2]. - The achievements reflect the strategic wisdom and decision-making capabilities of the Party leadership under Xi Jinping, demonstrating effective governance in navigating complex economic conditions [2]. Group 2: Policy Directions for the Coming Year - The PBOC plans to implement a moderately accommodative monetary policy, focusing on stabilizing economic growth and ensuring reasonable price recovery, while maintaining ample liquidity in the financial system [4]. - Key tasks include enhancing financial support for the real economy, particularly in 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 aims to prevent and mitigate financial risks, ensuring a balance between economic growth, structural adjustments, and financial stability, which is crucial for high-quality economic development [5]. - Strengthening the monitoring, assessment, and early warning systems for financial risks is a priority, alongside maintaining the stability of financial markets and addressing the debt risks of financing platforms [5]. Group 4: Financial Openness and International Cooperation - The PBOC is committed to advancing high-level financial openness and maintaining national financial security, engaging in global financial governance reforms, and promoting the internationalization of the Renminbi [5]. - Efforts will also focus on developing a comprehensive cross-border payment system for the Renminbi and steadily advancing the digital currency initiative [5].