Central Bank will Continue to Promote Bond Financing Support Tools for Private Enterprises to Ensure Stable and Healthy Development of Real Estate Market

SHANGHAI, Mar 21 (SMM) - On March 15, the Party Committee of the People's Bank of China held a meeting, where it is emphasised to unswervingly promote high-quality development, accurately and forcefully implementing a prudent monetary policy, grasping the pace of credit extension, maintaining a reasonable growth in the total amount of money and credit, and making every effort to stabilise growth, employment, and prices, building a modern central bank system, deepening reform and opening up, improving the green financial system, and comprehensively improving the level of financial service management. The second is to adhere to the "two unwavering", guiding financial institutions to effectively strengthen and improve financial services, increasing support for private small and micro enterprises, and further solving the financing problems of private small and micro enterprises, further promoting bond financing support tools for private enterprises to support the reasonable bond financing needs of private enterprises. The third is to continue to prevent and defuse financial risks, adhering to the bottom-line thinking, weaving a tight financial safety net, strengthening the construction of the financial stability guarantee system, improving the emergency response plan, maintaining the smooth operation of the financial market and financial infrastructure, and firmly holding the bottom line of no systemic risk, adhering to the positioning of "housing to live in, not speculation", and promoting the stable and healthy development of the real estate market. The fourth is to unswervingly and strictly govern the party, solidly fulfilling the political responsibilities of governing the party and the party, continuing to deepen the inspection and rectification of the central government, implementing the spirit of the eight central regulations, strengthening the construction of work style, and maintaining a high-pressure situation of punishing corruption.