中央经济工作会议已经明确，2026年要继续实施适度宽松的货币政策，人民银行将按照党中央、国务院 决策部署，加大逆周期和跨周期调节力度，有效支持"十五五"开好局、起好步。1月15日，中国人民银 行副行长邹澜在国新办新闻发布会上表示，根据当前经济金融形势需要，人民银行将先行推出两方面政 策措施。一方面是下调各类结构性货币政策工具利率，提高银行重点领域信贷投放的积极性。另一方面 是完善结构性工具并加大支持力度，进一步助力经济结构转型优化。具体包括以下几项： 一是下调各类结构性货币政策工具利率0.25个百分点。各类再贷款一年期利率从目前的1.5%下调到 1.25%，其他期限档次利率同步调整。 二是将支农支小再贷款与再贴现打通使用，增加额度，并单设民营企业再贷款。合并使用支农支小再贷 款与再贴现额度，增加支农支小再贷款额度5000亿元，总额度中单设一项民营企业再贷款，额度1万亿 元，重点支持中小民营企业。 三是增加科技创新和技术改造再贷款额度并扩大支持范围。将科技创新和技术改造再贷款额度从8000亿 元，增加4000亿元至1.2万亿元，并将研发投入水平较高的民营中小企业等纳入支持领域。 四是合并设立科技创新与民营企业债 ...

Group 1 - The People's Bank of China will implement 8 policy measures to support economic structural transformation and optimization [1] - The interest rates for various structural monetary policy tools will be reduced by 0.25 percentage points, with the one-year relending rate decreasing from 1.5% to 1.25% [1] - The quota for agricultural and small enterprise relending will be increased by 500 billion yuan, with a total quota of 1 trillion yuan specifically for private enterprises [1] - The relending quota for technological innovation and technological transformation will be increased from 800 billion yuan to 1.2 trillion yuan, including support for high R&D investment private SMEs [1] - The previously established private enterprise bond financing support tool and technological innovation bond risk-sharing tool will be merged, providing a total relending quota of 200 billion yuan [1] - The carbon reduction support tool will be expanded to include more projects with carbon reduction effects, guiding banks to support comprehensive green transformation [1] - The support areas for service consumption and elderly care relending will be expanded, incorporating health industry standards [1] Group 2 - The minimum down payment ratio for commercial property loans will be lowered to 30% to support the destocking of the commercial real estate market [2] - Financial institutions are encouraged to enhance their foreign exchange risk hedging services, providing cost-effective and flexible foreign exchange risk management tools for enterprises [2]

国务院新闻办公室今天下午举行新闻发布会，中国人民银行有关负责人介绍，根据当前经济金融形势需 要，人民银行将推出8项政策措施，进一步助力经济结构转型优化。 七是会同金融监管总局将商业用房购房贷款最低首付比例下调至30%，支持推动商办房地产市场去库 存。 一是下调各类结构性货币政策工具利率0.25个百分点。各类再贷款一年期利率从目前的1.5%下调到 1.25%，其他期限档次利率同步调整。 二是合并使用支农支小再贷款与再贴现额度，增加支农支小再贷款额度5000亿元，总额度中单设一项民 营企业再贷款，额度1万亿元，重点支持中小民营企业。 三是将科技创新和技术改造再贷款额度从8000亿元，增加4000亿元至1.2万亿元，并将研发投入水平较 高的民营中小企业等纳入支持领域。 四是将此前已经设立的民营企业债券融资支持工具、科技创新债券风险分担工具合并管理，合计提供再 贷款额度2000亿元。 五是拓展碳减排支持工具的支持领域。纳入节能改造、绿色升级、能源绿色低碳转型等更多具有碳减排 效应的项目，引导银行支持全面绿色转型。 六是拓展服务消费与养老再贷款的支持领域。结合健康产业认定标准，适时在服务消费与养老再贷款的 支持领域中纳 ...

1月15日，人民银行新闻发言人、副行长邹澜在国新办新闻发布会上表示，根据当前经济金融形势需要， 人民银行将先行推出两方面政策措施。一方面是下调各类结构性货币政策工具利率，提高银行重点领域信 贷投放的积极性。另一方面是完善结构性工具并加大支持力度，进一步助力经济结构转型优化。具体包括 以下几项： 一是 下调各类结构性货币政策工具利率0.25个百分点。各类再贷款一年期利率从目前的1.5%下调到 1.25%，其他期限档次利率同步调整。 二是 将支农支小再贷款与再贴现打通使用，增加额度，并单设民营企业再贷款。合并使用支农支小再贷款 与再贴现额度，增加支农支小再贷款额度5000亿元，总额度中单设一项民营企业再贷款，额度1万亿元， 重点支持中小民营企业。 三是 增加科技创新和技术改造再贷款额度并扩大支持范围。将科技创新和技术改造再贷款额度从8000亿 元，增加4000亿元至1.2万亿元，并将研发投入水平较高的民营中小企业等纳入支持领域。 五是拓展碳减排支持工具的支持领域。纳入节能改造、绿色升级、能源绿色低碳转型等更多具有碳减排效 应的项目，引导银行支持全面绿色转型。 六是拓展服务消费与养老再贷款的支持领域。结合健康产业认 ...

Core Viewpoint - The People's Bank of China (PBOC) is set to implement a moderately accommodative monetary policy until 2026, focusing on supporting the high-quality development of the real economy through various structural monetary policy measures [1] Group 1: Monetary Policy Adjustments - The PBOC will lower the interest rates of various structural monetary policy tools by 0.25 percentage points, with the one-year re-lending rate decreasing from 1.5% to 1.25% [3] - The PBOC will merge the quotas for agricultural and small enterprise re-lending and re-discounting, increasing the agricultural and small enterprise re-lending quota by 500 billion yuan, with a separate quota of 1 trillion yuan designated for private enterprises [3] - The quota for re-lending aimed at technological innovation and technological transformation will be increased from 800 billion yuan to 1.2 trillion yuan, expanding support to high R&D investment private small and medium-sized enterprises [3] Group 2: Support for Specific Sectors - A combined risk-sharing tool for bonds of technological innovation and private enterprises will be established, providing a total re-lending quota of 200 billion yuan [3] - The PBOC will expand the support areas for carbon reduction tools to include energy-saving renovations and green upgrades, guiding banks to support comprehensive green transitions [4] - The support areas for service consumption and elderly care re-lending will be expanded to include the health industry, based on health industry recognition standards [4] Group 3: Real Estate and Financial Services - The minimum down payment ratio for commercial property loans will be reduced to 30% in collaboration with the financial regulatory authority, aimed at promoting inventory reduction in the commercial real estate market [4] - Financial institutions are encouraged to enhance their foreign exchange risk management services, providing enterprises with cost-effective and flexible foreign exchange risk management tools [4]

人民财讯1月15日电，人民银行新闻发言人、副行长邹澜1月15日在国新办新闻发布会上表示，下调各类 结构性货币政策工具利率0.25个百分点，各类再贷款一年期利率降至1.25%，其他期限档次利率同步调 整。完善结构性工具并加大支持力度，进一步助力经济结构转型优化。 ...