Original title: The balance of inclusive small and micro loans reached 18.9 trillion yuan. The balance of long-term and medium-term loans to the manufacturing industry increased by 33.8% year-on-year
The reporter learned from the 2022 People’s Bank of China Work Conference held on the 27th: In 2021, the People’s Bank will adhere to the implementation of a prudent monetary policy, fully support the rescue of enterprises, innovate and promote green development, effectively prevent and control financial risks, and continue to deepen financial reforms. Opening up, the quality and efficiency of financial services to the real economy has been further improved. As of the end of November 2021, the balance of my country’s inclusive small and micro loans was 18.9 trillion yuan, a year-on-year increase of 26.4%, and the balance of medium and long-term loans to the manufacturing industry increased by 33.8% year-on-year. Financial support for key areas and major national regional development strategies has further increased.
Since the beginning of this year, the People’s Bank of China has comprehensively used a variety of monetary policy tools to maintain a reasonable and sufficient total liquidity and a balance between supply and demand in the short, medium and long term. The growth rate of broad money (M2) and social financing scale basically matches the growth rate of the nominal economy. The RMB exchange rate has remained basically stable at a reasonable and equilibrium level in a complex environment. (People’s Daily)
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