From the implementation of the reduction funds to the support of structural monetary policy tools such as re -loan loans, from the increase in the affected industry, enterprises, people and other support to support the unblocked and stable cycle of the industrial chain supply chain … Nearly In half a month, the central bank, the CBRC and other departments accelerated the policy research and judgment, and introduced targeted measures. Multi -arrows will help the real economy development, especially in key areas such as logistics, small and medium -sized and micro.
Analysts pointed out that the current relevant policies are gradually showing, helping to stabilize the economic market, stabilize the micro -subject, and improve market expectations. However, in the face of the downward pressure on the economy, helping the real economy still needs to continue to make efforts. It is expected that there will still be more measures to be introduced for key areas, and the possibility of interest rate cuts in the second quarter still exist. Concentrated policy to boost loans to increase prices and reduce prices and lower the central bank, and the Foreign Exchange Bureau jointly issued the "Notice on Doing a Better Prevention and Control and Economic and Social Development Financial Services". The department focuses on making policies and timely and intensively. It aims to stabilize the economic market, stabilize the micro -subject, and improve market expectations.
Financial supports entities, and the total amount of putting in the total amount is "added".
The central bank reduced the deposit reserve rate percentage of financial institutions on April 25.
On this basis, the agricultural commercial banks that do not operate across provinces and the deposit reserve rate of more than 5%are reduced by an additional percentage point. The decline in this period released a total of about 530 billion yuan in long -term funds.
At the same time, increase the support of structural monetary policy tools such as re -loan loans, make good use of supporting agricultural support loans and two carbon reduction tools, accelerate 100 billion re -loans to put in the field of transportation and logistics, and create 200 billion yuan of scientific and technological innovation. Loans and 40 billion yuan of inclusive pension re -loan are expected to drive loans to financial institutions to increase by 1 trillion yuan. Financial supports entities, and the other hand is "subtraction" that allows the entity. According to central bank data, since the beginning of this year, the People’s Bank of China has guided market interest rates to a percentage point, driving the interest rate of corporate loan in the first quarter to a percentage of%year -on -year, which is a record low since it has a statistical record. It is worth noting that the 2 -year and three -year regular deposit interest rates of ICBC, Construction Bank, and Bank of China have lowered 10 basis points a few days ago. In addition, the upper limit of the regular deposit interest rate of many banks has also lowered. "The reduction in the interest rate of multiple banks will effectively reduce the cost of bank liabilities, drive the loan interest rate and the overall financing cost of corporate comprehensive financing, and further increase the efforts of finance to the real economy.
"Researchers at the Financial Market Department of Construction Bank pointed out. At the same time, focusing on bank account services, RMB settlement, electronic banking and other fields, financial institutions have reduced the burden on small and micro enterprises and individual industrial and commercial households by reducing fees.
Ren Tao, a special researcher at the National Financial and Development Laboratory, pointed out that recently the dense introduction and support of a series of policies in the financial sector effectively alleviate the dilemma faced by various market entities. The relief of different degrees, the market vitality has been maintained, laying a solid foundation for subsequent employment and consumption consumption. "Urgent urgency" in the fields of logistics and other areas issued the "Notice on Financial Supporting Freight Logistics Insurance Shipping Work" and "Opinions on the High -quality Development of Road Insurance Industry Supporting High -quality Development" from the Banking Insurance Regulatory Commission. Jiangsu and other places have issued corresponding documents to strengthen financial support for financial support. In the past few days, focusing on industries and small and medium -sized enterprises that have a greater impact on the epidemic, financial institutions have accelerated policy deployment, and financial institutions have also increased support.
In the context of the current frequent frequent local epidemic and the supply of production and living materials in some areas, logistics insurance supply has become the top priority of the recent policy.
Hunan Huaihua Jiahui Logistics Park has 60,000 tons of cold storage, fresh cold chain and high and low temperature distribution center. Due to the local epidemic "cold spring", the main urban area of ??Hecheng was closed. For a time, the vegetable baskets of more than 700,000 citizens were guaranteed by Jiahui Logistics Park.
"When I was unable to do it, CCB sent the" timely rain "!" Said Wang Shuai Shuai, the person in charge of the small and micro enterprise wholesale business in Jiahui Logistics Park. The wholesale department he operated was influenced by the epidemic, and the shortage of flow funds. After learning about the situation, CCB Hunan Huaihua Hecheng Sub -branch took the initiative to come to the door and soon issued a 600,000 "good loan" loan to make the enterprise out of trouble.
Benefiting from the policy "sending charcoal in the snow", not just logistics companies. A small and micro enterprise in Jiangsu Lianyungang Ganyu Shiqiao Food and Oil Management Institute is mainly engaged in grain acquisition, storage and sales of grain. Because the epidemic affects some of the funds back in time, the company’s 5 million yuan loan in the Bank of Communications is about to expire. According to the active coordination of corporate needs, the Bank of Communications Lianyungang Ganyu Sub -branch has actively coordinated to handle loans for loans, which effectively solves the pressure of enterprise temporary funds. The experience of these two companies is the epitome of policies to vigorously help key areas such as logistics, small and medium and micro. Multiple data show that these key areas are currently flowing in. Taking Shanghai, which is more complex in the epidemic situation, data from the Shanghai headquarters of the People’s Bank of China shows that according to incomplete statistics, banks within Shanghai under the jurisdiction of 681 anti -epidemic supplies and related logistics companies issued 31 billion yuan in loans, 80%of which are credit loans. Essence
In response to small and medium -sized enterprises, according to incomplete statistics, the Chinese banks within the jurisdiction of Shanghai in March issued a loan of 100 million yuan to small, medium and micro enterprises, small and micro enterprises, and individual industrial and commercial households, involving 43698 households in the market entity; Yuan, involved in market entities 80916.
In the second quarter, the window period is expected to increase the industry that a series of bailout policies will effectively reduce the burden on corporate and enhance the vitality of the market. However, in the face of downward pressure on the economy, helping the real economy still needs to continue to work hard to seize the window period in the second quarter. It is expected that more measures will still be introduced for key areas.
"This round of policy coordinates the financial support of the prevention and control of the epidemic and economic development, ensuring the smooth flow of logistics, helping small and micro, and promoting the supply chain cycle of the industrial chain.
In response to the reality of increasing economic downward pressure, high -level high -level emphasizes that policies must be advanced and timely.
"Wang Yifeng, chief analyst of the Financial Industry Institute of Everbright Securities Institute, predicts that for Xiaowei and Logistics and other industries, in addition to implementing the existing financial support policies in the early stage, it may further increase the scale of re -loan in the future and increase targeted support.
Regarding the subsequent monetary policy, Wang Qing, chief macro analyst of Dongfang Jincheng, believes that the implementation of the reduction does not mean that the possibility of cutting interest rate cuts is closed. It is expected that the MLF interest rate in the second quarter may still be reduced by 10 basis points again.
Based on the current internal and external situations and monetary policy space, the probability of "double drop" is high, which is of great significance for the stable macroeconomic market. CITIC Securities Chief Economist also believes that the reduction is not the only measure for the steady growth of monetary policy. Some banks will increase the preparation rate from the aspects of liquidity and capital adequacy ratio at the same time. Interest rate -related policies are also in the "steady growth tool package". Hyatong Securities Chief Strategy Analyst Xun Yugen suggested that various policies such as finance and real estate must form a combination of fists to support the economy, and the policy introduction must be faster to help restore production.
(Reporter Xiang Jiaying).