Finance provides strong support for the healthy development of the real economy (financial eyes, financial efforts to stabilize the economy)

　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　 　

　　Source: People’s Bank of China.

　　"In the first half of the year, the People’s Bank of China reduced the reserve ratio by 0.25 percentage points, turned over the balance profit of 900 billion yuan, reasonably increased the liquidity supply, and guided financial institutions to increase credit support for the real economy." A few days ago, Ruan Jianhong, Director of the Survey and Statistics Department of the People’s Bank of China, introduced it at the press conference of the State Council Office.

　　Provide differentiated financial services for industries that are greatly affected by the epidemic, increase financial support for small and micro enterprises and other trapped market entities, and strengthen financial support for core enterprises in the industrial chain supply chain … … Since the beginning of this year, in the face of the adverse impact of COVID-19 epidemic and other factors on economic and social development, China has taken various measures to increase financial support, and made every effort to stabilize economic growth and stabilize market players. The smooth flow of financial blood has provided strong support for the healthy development of the real economy.

　　Policy strengthening, "real money and silver" serving the real economy

　　A water protects the field and is surrounded by mountains. Fuquan City, Qiannan Buyi and Miao Autonomous Prefecture, Guizhou Province, is rich in resources. With the acceleration of green development, phosphorus chemical industry, new energy materials and other industries here have become new engines for development. Since the beginning of this year, the situation at home and abroad has changed, and the local leading enterprise Chuanheng Chemical has encountered unprecedented challenges.

　　"The quotation of upstream raw materials continues to rise, and downstream overseas customers can’t sign for payment, and the company’s capital chain is extremely tight." He Yonghui, chief financial officer of Chuanheng Chemical Co., Ltd., frowned.

　　According to the actual situation of the company, Qiannan Branch of China Construction Bank sent a special working group to customize the financing plan. "We linked credit resources and strength with CCB Macau Branch to innovate ‘ Cross-border financing loan ’ In this way, enterprises can get financial support at the best interest rate. " Hu Shaoling, head of the company department of Qiannan Branch of China Construction Bank, said.

　　"In less than 10 working days, we were given a loan of 30 million yuan, which reduced the financing cost for the company and allowed us to calmly cope with the price increase of raw materials and the impact of the epidemic." He Yonghui told reporters that it is not only credit support, but also CCB helps the company to participate in international competition by decentralizing the sea freight review authority and exchange rate concessions for the company’s foreign exchange service needs.

　　In Fuquan City, Qiannan Branch of China Construction Bank has organized a special financial service task force, which has docked 4.67 billion yuan for 14 key phosphorus chemical enterprises and put in loans exceeding 500 million yuan.

　　Since the beginning of this year, the complexity, severity and uncertainty of China’s economic development environment have increased. The financial management department takes the initiative and makes great efforts to support stable economic growth and stabilize market players. "The People’s Bank of China will intensify the implementation of prudent monetary policy, give full play to the dual functions of monetary policy tools in terms of aggregate and structure, and strive to serve the real economy and stabilize the economic market." Yan Jianhong said.

　　The data shows that in the first half of the year, the scale of social financing in China increased by 21 trillion yuan, an increase of 3.2 trillion yuan year-on-year, and RMB loans increased by 13.68 trillion yuan, an increase of 919.2 billion yuan over the same period of last year. At the same time, the central bank continued to release the reform potential of the loan market quotation rate (LPR). The one-year LPR and the five-year LPR decreased by 10 basis points and 20 basis points respectively. In June, the interest rate of new corporate loans was 4.16%, which was 34 basis points lower than the same period of last year. The comprehensive financing cost of enterprises decreased steadily, and the quality and efficiency of financial services to the real economy improved significantly.

　　Precision drip irrigation to solve problems for small and medium-sized enterprises

　　It is not only the leading enterprises in the industry that benefit. Since the beginning of this year, the People’s Bank of China, in conjunction with relevant departments, has implemented 23 measures to provide financial services for epidemic prevention and control, economic and social development, promote the recovery and development of difficult industries in the service sector, and intensify efforts to help small and medium-sized enterprises out of difficulties, so as to support market players to get out of difficulties.

　　— — Increase policy incentives and increase the supply of small and micro loans for general benefits.

　　In Yuheyuan Farm in Huangdu Village, Xilong Township, Anji County, Huzhou City, Zhejiang Province, tea farmer Xu Xin ‘an is working hard. "This year, affected by the epidemic, a large number of teas are unsalable, and many tea farmers are short of funds. ‘ Liangshan White Tea Loan ’ Helped us solve the problem. " Xu Xin ‘an said.

　　At the beginning of this year, the People’s Bank of China launched the universal micro-loan support tool to provide incentive funds according to 1% of the increase in the balance of universal micro-loans of local corporate financial institutions. Since the second quarter, the proportion of incentive funds has been increased from 1% to 2%. Under the guidance of policy tools, Anji Rural Commercial Bank, which is under the jurisdiction of Zhejiang Rural Commercial Bank, has strengthened its financial support for tea enterprises in all directions. By the end of June, this year, it had distributed 118 million yuan of "two mountains and white tea loans" to 415 tea farmers, a year-on-year increase of 15.9%.

　　— — Continue to reduce fees and profits and reduce the operating costs of enterprises.

　　With the advantages of pollution-free vegetables, Fuzhou Youye Ecological Agriculture Co., Ltd. in Fujian Province has become the core supplier of vegetables for large supermarkets such as Wal-Mart and Metro. Under the guidance of Fuzhou Central Sub-branch of the People’s Bank of China, Fujian Strait Bank launched a fee reduction policy for inter-bank transfer of small and micro enterprises to help enterprises reduce costs. "It can save nearly 60,000 yuan in handling fees every year, which really makes us a lot easier." You Jiwang, the company’s financial director, said.

　　In recent years, China has continuously promoted the financial system to reduce fees and make profits from the real economy. In September last year, the People’s Bank of China and other departments launched 12 measures to reduce fees, and by March this year, more than 12 billion yuan of payment fees had been reduced for more than 82 million market entities.

　　— — Delay the repayment of principal and interest to help small and micro enterprises tide over the difficulties.

　　"Fortunately, there is a good policy to postpone the repayment of principal and interest, which has helped us survive this barrier." Mr. Yan runs a small and micro enterprise engaged in sand and gravel transportation in Shunde District, Foshan City, Guangdong Province. Because he is a transport ship purchased by loan, he has to repay the bank every month.

　　In response to the impact of the epidemic, the Guangzhou Branch of the People’s Bank of China guided the financial institutions under its jurisdiction to implement the policy of postponing the repayment of principal and interest this year. Shunde Rural Commercial Bank handled the formalities of postponing Mr. Yan for three months at the first time to tide over the difficulties.

　　— — Optimize financial supply and provide convenient financial services.

　　"Lending is fast, and the whole process is done online, ‘ Gongxin e loan ’ Send timely rain to our small and micro enterprises. " Mr. Zhao, head of Dalian Wei ‘an Zongheng Technology Co., Ltd. in Liaoning Province, said.

　　"Under the influence of the epidemic, it is difficult for small and micro enterprises to apply for loans offline. We have innovated research and development with Dalian Credit Center ‘ Gongxin e loan ’ Products, online docking with customers by non-contact remote service, relying on technology empowerment to achieve accurate drip irrigation, active credit granting and effective credit enhancement for small and micro enterprises. " Zhang Guanchu, head of Dalian technology and finance Service Center of Industrial and Commercial Bank of China, told the reporter.

　　In order to overcome the adverse impact of the epidemic on financial services, the financial sector organized various forms of government-bank-enterprise docking activities to help banks improve their customer acquisition, risk assessment and control capabilities, develop chattel mortgage and credit loan products according to the characteristics of enterprises, and strive to solve the financing problems of small and micro enterprises under the influence of the epidemic.

　　The data shows that under the comprehensive effect of a series of measures, China’s inclusive small and micro loans continue to maintain the situation of "increasing quantity, expanding area and decreasing price" this year. At the end of June, the balance of Pratt & Whitney small and micro loans increased by 23.8% year-on-year, 12.6 percentage points higher than the growth rate of various loans; The number of micro-credit households in Pratt & Whitney was 52.39 million, a year-on-year increase of 36.8%. In May, the weighted average interest rate of new loans for Pratt & Whitney small and micro enterprises was 5.19%, down 5 basis points from the previous month.

　　Focus on key points and enrich the toolbox of structural monetary policy.

　　Tower cranes stand tall and machinery roar, and the construction of pumped storage power station project in Jinyun County, Lishui City, Zhejiang Province is in full swing.

　　This is the first single billion-dollar investment project in Lishui. It is estimated that after the project is completed in 2025, the annual power generation will reach 1.8 billion kWh, which will save about 230,000 tons of coal consumption and reduce 460,000 tons of carbon dioxide emissions.

　　At the critical moment of the project, the People’s Bank of China created carbon emission reduction support tools to provide financial support for carbon emission reduction loans issued by financial institutions at 60% of the loan principal. "With the support of this tool, we issued a 25-year 80 million yuan carbon emission reduction loan at the first time to fully support the project construction." Zheng Zhenke, president of the Agricultural Bank of China Jinyun County Sub-branch, said that as of the end of June, 830 million yuan had been loaned for the project.

　　In order to better support high-quality economic and social development, the People’s Bank of China has given full play to the precise guiding role of structural monetary policy, launched a number of policy tools, and continuously strengthened its support for key areas and weak links of the national economy.

　　On the basis of launching carbon emission reduction support tools in the fourth quarter of last year and supporting special refinancing for clean and efficient use of coal, the People’s Bank of China has launched three new structural monetary policy tools this year, of which "scientific and technological innovation refinancing" mainly supports high-tech enterprises, "specialized and innovative" small and medium-sized enterprises, national technological innovation demonstration enterprises, manufacturing single champion enterprises and other scientific and technological enterprises, and "inclusive pension special refinancing" mainly supports qualified inclusive pension institutions. Promote the increase in the supply of inclusive old-age care services, and the "special refinancing for transportation and logistics" mainly supports enterprises and individuals that are greatly affected by the epidemic, such as road freight transport operators and truck drivers.

　　"At present, China’s structural monetary policy toolbox has been relatively rich and perfect." Zou Lan, director of the Monetary Policy Department of the People’s Bank of China, said that the structural monetary policy tool is "focused on key points, reasonable and moderate, with progress and retreat", which is conducive to encouraging financial institutions to optimize the credit structure and achieve the effect of accurately tilting to inclusive finance, green development, scientific and technological innovation and other fields. Up to now, carbon emission reduction support tools have issued a total of 182.7 billion yuan, supporting banks to issue loans in the field of carbon emission reduction of 304.5 billion yuan, driving the reduction of carbon emissions by more than 60 million tons.

　　At present, there are still many unstable and uncertain factors in domestic economic recovery. "With the acceleration of steady growth measures, corporate confidence and expectations continue to improve, and effective financing of the real economy is accelerating, which has created favorable conditions for further stabilizing the macroeconomic market in the second half of the year." Dong Ximiao, chief researcher of Zhaolian Finance, said.

　　"In recent years, we have been adhering to the normal monetary policy, leaving sufficient policy space and tool reserves to meet the new challenges beyond expectations." Zou Lan said that in the second half of the year, the People’s Bank of China will continue to implement a package of policies and measures to stabilize the economy, increase the implementation of prudent monetary policies, create a good monetary and financial environment, form a joint policy force, and keep the economy running in a reasonable range.

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