On January 24, according to the official WeChat news of the Business Management Department of the People’s Bank of China, on January 19, the Business Management Department of the People’s Bank of China held the 2022 Beijing Monetary and Credit Work Conference in the form of video, and 32 Chinese-funded banks in the city were in charge of credit business. The person in charge attended the meeting, and 5 banks made exchange speeches.
The meeting demanded that all banking financial institutions should adhere to the principle of “steadiness at the forefront and seeking progress while maintaining stability”, accurately grasping changes in the situation, actively responding to multiple challenges, and implementing a sound monetary policy that requires flexibility and appropriate general requirements, and is the expected goal of the capital’s economic development. Provide strong support for successful implementation.
First, maintain the stability of the total credit growth as the primary task of the current credit work. Find ways to increase financing support for the real economy. Fully considering the requirement of “stability”, it is necessary not only to make appropriate efforts to achieve a “good start” in the first quarter, but also to maintain a balanced credit allocation throughout the year.
The second is to focus on financial services in key areas and weak links. Continuously innovate working methods, make good use of monetary policy tools, give full play to the synergy of monetary policy, fiscal policy and industrial policy, and effectively increase support for scientific and technological innovation, culture, inclusive small and micro enterprises and individual industrial and commercial households.
The third is to focus on promoting the development of green and low-carbon finance. The implementation of two tools to support carbon emission reduction and special re-lending to support the clean and efficient utilization of coal. Do a good job of financial support for the balance between traditional energy and renewable energy, and do not engage in a “one-size-fits-all” exit.
Fourth, accurately grasp and implement the real estate financial prudential management system. Adhere to the positioning of “houses are for living in, not for speculation”, strengthen anticipation guidance, support the reasonable financing needs of real estate enterprises, better meet the reasonable housing needs of home buyers, increase financial support for housing leasing, and promote a virtuous circle of real estate industry and healthy growth.
Fifth, adhere to the bottom line of compliant operation and steady development, and effectively strengthen financial risk management and prevention.