Zhou Xiaochuan heavy voice will control credit growth – Sohu news-81sese.com

Zhou Xiaochuan heavy sound: will control credit growth – Sohu news in Washington to attend the thirty-fourth session of the international monetary and Financial Committee (IMFC) ministerial meeting of the people’s Bank of Chinese governor Zhou Xiaochuan, delivered the keynote speech on the current China economic situation and macroeconomic policy issues. Zhou Xiaochuan said that with the gradual normalization of the global economic recovery, China will control the growth of credit. Zhou Xiaochuan: Governor Zhou Xiaochuan introduced to control the growth of credit, since this year Chinese economic growth in a reasonable range, prices remained stable, signs of a rebound in some important recent economic indicators. In the rapid economic growth in the new normal, while the structure and quality of China’s economic growth continues to improve, new growth momentum continues to emerge, the economy will not change the fundamentals of long-term good. The rapid growth of China’s credit reflects China’s efforts to deal with risks and promote growth under the background of global economic growth. As the global economic recovery is gradually normalized, China will be able to control credit growth. Despite the rise in non-performing loans in the banking system, but capital adequacy, overall risk control. Previously, Zhou Xiaochuan has said that the recent rapid rise in prices in some cities in China, the Chinese government attaches great importance to actively take measures to promote the healthy development of the real estate market. The industry generally believe that the growth of housing credit is a major cause of rising house prices. Half a month before the release from the central bank report, in August the national increase of RMB loans amounted to 948 billion 700 million yuan. Among them, the household sector loans increased by 675 billion 500 million yuan, while the housing mortgage loans based on long-term loans increased by $528 billion 600 million, accounting for 56% of new loans in August. Such a large contribution rate, all show real estate fiery, high mortgage. China’s economic growth is expected this year, 6.5%-7% China will further improve the framework of macro Prudential policy, strengthen macro Prudential management. Vigorously promote structural reforms to reduce the supply of coal, steel and other industry overcapacity as the focus, reduce leverage, and deal with the debt through market means, such as debt restructuring, debt, asset securitization and liquidation. This will help reduce vulnerabilities and risks, enhance the long-term growth potential. Zhou Xiaochuan said that fiscal policy will continue to actively support the rapid growth, China’s economic growth this year is expected to achieve 6.5-7% growth target. Zhou Xiaochuan said that China will further improve the framework of macro Prudential policy, strengthen macro Prudential management. Vigorously promote structural reforms to reduce the supply of coal, steel and other industry overcapacity as the focus, reduce leverage, and deal with the debt through market means, such as debt restructuring, debt, asset securitization and liquidation. This will help reduce vulnerabilities and risks, enhance the long-term growth potential. Zhou Xiaochuan: China’s accession will enhance the attractiveness of SDR Zhou Xiaochuan also said that China will also carry out reforms in various areas to improve the quality and efficiency of growth. China will further promote interest rate liberalization and the reform of the RMB exchange rate regime.相关的主题文章: