央行:坚定维护股票、债券、外汇等金融市场平稳运行
21世纪经济报道·2026-03-19 08:12

Core Viewpoint - The meeting of the People's Bank of China emphasizes the importance of implementing a moderately loose monetary policy to support economic stability and high-quality development, aligning with the goals set forth in the 14th Five-Year Plan and the recent government work report [2][3]. Group 1: Monetary Policy Implementation - The People's Bank of China will continue to implement a moderately loose monetary policy, focusing on promoting stable economic growth and reasonable price recovery as key considerations [3]. - The bank will utilize various monetary policy tools, including reserve requirement ratios, government bond transactions, and medium-term lending facilities, to maintain ample liquidity and ensure that the growth of social financing and money supply aligns with economic growth and price level expectations [3]. - The bank aims to guide and regulate interest rates based on economic and financial conditions, enhance policy transparency, and maintain the stability of the RMB exchange rate at a reasonable and balanced level [3]. Group 2: Financial Services and Risk Management - The bank will strengthen financial services in key areas and weak links, focusing on supporting domestic demand, technological innovation, and small and micro enterprises [4]. - It will enhance collaboration with fiscal policies in areas such as interest subsidies and risk cost sharing to amplify policy effects [4]. - The bank will actively and prudently address financial risks in key sectors, maintaining a dynamic balance between economic growth, structural adjustments, and risk prevention [4]. Group 3: Financial Reform and Governance - The People's Bank of China will continue to deepen financial reform and opening up, improving the central bank's system and establishing a robust monetary policy framework [4]. - The bank will promote high-level openness in the financial services sector and enhance the financial risk prevention capabilities within an open framework [4]. - The meeting emphasizes the importance of strict governance and the establishment of a correct performance evaluation system, aiming to create a clean political atmosphere [5].

央行:坚定维护股票、债券、外汇等金融市场平稳运行 - Reportify