The hottest macro-control has entered the observat

2022-08-26
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Macro control has entered the "observation period". Policy fine-tuning may have begun

inflation remains high, and the slowdown in economic growth has appeared, especially the Dragon Boat Festival interest rate hike widely expected in the industry has not appeared. Industry experts generally believe that macro-control has entered a "observation period". From the "notice on supporting commercial banks to further improve small enterprise financial services" issued by the CBRC a few days ago, industry researchers believe that this means that policy fine-tuning begins

under the effect of the prudent monetary policy implemented since the beginning of the year, a large number of financing needs of small and medium-sized enterprises are difficult to meet, and the voice for the change of macro policy is becoming stronger

in order to further promote commercial banks to support and improve small enterprise financial services, the CBRC recently issued the notice on supporting commercial banks to further improve small enterprise financial services (YJF [2011] No. 59, hereinafter referred to as the notice)

the "notice" includes ten measures. Under the existing monetary policy conditions, the three major directions of increasing finance for small and medium-sized enterprises will become the key development direction support for plastic enterprises in the future. Supporting commercial banks to further increase their credit support for small enterprises through differentiated supervision and incentive policies will help optimize the credit structure, reduce the concentration of loans, promote the leap forward in the capacity of financial services for small enterprises and lead to price plunges. Lithium battery diaphragm enterprises need to fight for the sustainable development of technical services to break through, and promote industrial upgrading and economic structure transformation

according to the relevant person in charge of the CBRC, in the context of the tightening of credit scale this year, at present, the national small enterprise loans continue to achieve "two no less than". By the end of April 2011, the loan balance (including bills) of small enterprises in banking financial institutions had reached 9.45 trillion yuan, accounting for 28.8% of the loan balance of all enterprises, an increase of 7.1% over the beginning of the year, 0.1% higher than the growth rate of all loans These include clearlexanxhr2000 board with very light transmission (when uncoated), clearlexanxhr2hc1 and lexanxhr2hc2 boards and other new materials, which account for 6 percentage points. Meanwhile, loans to small enterprises increased by 622.5 billion yuan over the beginning of the year, an increase of 52.2 billion yuan over the same period last year

CAI Jin, vice president of China Federation of logistics and purchasing, suggested that monetary policy and credit policy should consider taking measures to enable dynamic small and medium-sized enterprises to obtain the funds needed for normal operations. Cai Jin believes that it is necessary for macro-control to shift from slowing growth and controlling inflation to stabilizing growth and controlling inflation. Specifically, it is necessary to further improve the control strength and means of monetary policy

however, guotianyong, director of the China Banking Research Center at the Central University of Finance and economics, said that the current inflationary pressure is still very high; The real estate regulation and control has not been effective and cannot be defeated; A moderate reduction in economic growth is conducive to structural adjustment. Therefore, there is no need to waver in the prudent monetary policy. The financing difficulties of small and medium-sized enterprises should be solved by improving financial services and developing direct financing, rather than changing the tone of monetary policy

the survey shows that 21.05% of private equity investors are bullish on the market in June. Bullish private equity investors generally believe that inflation, the economy and other conditions are not as serious as expected, and monetary policy may be slightly adjusted

the latest data from the Ministry of Commerce showed that the price increase of edible agricultural products narrowed last week, and the price of means of production operated smoothly. On June 7, the China (Shouguang) vegetable index showed that the impact of the southern drought on the rise of vegetable prices has gradually weakened, and vegetable prices continue. In the same standard, different sample sizes are often given for different materials to maintain a downward trend

the PMI of China's Manufacturing Purchasing Managers' index in May was 52.0%, down 0.9 percentage points month on month. In addition, in August, the added value of industries above designated size increased by 14.2% year-on-year, and the growth rate slowed down by 4.9 percentage points year-on-year, 0.2 percentage points slower than that in the first quarter. Many analysts' forecasts of the gradual decline in economic growth will continue until the middle of the year

analysts pointed out that the overall trend of global economic recovery has not changed, and the construction of domestic affordable housing has accelerated, so the economy is expected to rebound steadily in the second half of the year, so macro policies may be fine tuned

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