潘功胜，最新发声

Core Viewpoint - The article emphasizes the importance of financial stability and the implementation of a moderately loose monetary policy to support China's economic growth and modernization efforts during the 14th Five-Year Plan period [1][2]. Group 1: Implementation of Monetary Policy - 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 as key considerations [2]. - The PBOC plans to utilize various monetary policy tools, such as reserve requirement ratio (RRR) cuts and interest rate reductions, to maintain ample liquidity and align social financing scale and money supply growth with economic growth and price expectations [2]. - There is still room for further RRR and interest rate cuts this year, with an emphasis on managing interest rate policies to keep financing costs low [2]. Group 2: Structural Policy Adjustments - The PBOC has introduced several structural monetary policies, including a 0.25 percentage point reduction in the interest rates of various structural monetary policy tools [3]. - Specific measures include a dedicated 1 trillion yuan relending for private enterprises and an increase in relending quotas for agricultural and small enterprises by 500 billion yuan to 4.35 trillion yuan [3]. - The PBOC aims to maintain stable financial markets and manage expectations, ensuring the RMB exchange rate remains stable within a reasonable range [3]. Group 3: Dual Pillars for Financial Strength - The PBOC is focused on building a robust monetary policy system and a comprehensive macro-prudential management framework to support high-quality financial development [4]. - Key initiatives include optimizing the monetary policy target system, enhancing the mechanism for market-based interest rate formation, and improving the structure of monetary policy tools [5][6][7]. - The PBOC will also enhance communication and transparency regarding policies to foster a credible and systematic market communication mechanism [9]. Group 4: Enhancing Financial Services for the Real Economy - The PBOC aims to guide financial institutions to support domestic demand, technological innovation, and small and micro enterprises, which are crucial for high-quality development [14]. - Specific measures include a 500 billion yuan relending for consumer services and pensions, as well as increased support for technology innovation and small enterprises through various financial instruments [15]. - Collaboration with other government departments will be strengthened to improve the effectiveness and accessibility of financial services [15]. Group 5: Global Financial Governance and Cooperation - The PBOC will promote global financial governance reforms and international cooperation, advocating for a fair and inclusive global financial governance system [16]. - Efforts will include enhancing the openness of the financial sector, promoting the internationalization of the RMB, and supporting the development of a cross-border payment system [17]. - The PBOC will actively participate in international financial governance and cooperation, focusing on macro policy coordination and the establishment of international financial regulatory rules [17][18].