Recently, in an interview with the media, Chen Yulu, vice president of the people's Bank of China, said that in the next stage, the people's Bank of China will put steady growth in a more prominent position, give better play to the role of monetary policy, increase support for the real economy, stabilize market expectations, market players and prices in accordance with the requirements of "epidemic prevention, economic stability and development security" at the meeting of the Political Bureau of the CPC Central Committee on April 29 Stabilize employment, strive to achieve the annual economic and social development goals, and keep the economy running within a reasonable range. As for "how to increase the support of prudent monetary policy to the real economy in the next stage", Chen Yulu talked about three major measures: first, launch 100 billion yuan of refinancing as soon as possible to support the financing of logistics, warehousing and other enterprises, increase the assistance to freight operators, and provide more powerful financial support for the overall prevention and control of the epidemic and economic and social development; Second, increase support for banks, especially small and medium-sized banks, to issue sustainable bonds, support the improvement of bank capital level and enhance the ability of bank credit; The third is to promote financial institutions to continue to reduce fees, benefit enterprises and the people, give better play to the role of government financing guarantee, and use market-oriented and legalized methods to promote financial institutions to reasonably transfer profits to the real economy. Liang Si, a researcher at the Bank of China Research Institute, said in an interview with the Securities Daily that the current economy is still facing certain downward pressure, and many enterprises are facing difficulties in capital turnover, especially in catering, cultural tourism, warehousing and logistics and other industries. Therefore, we need to strengthen policy support to help difficult industries tide over difficulties and accelerate recovery. At the same time, increasing the support for the capital supplement of small and medium-sized banks will help encourage banks to consolidate their capital base and enhance their risk resistance, so as to increase the credit supply and better serve the development of the real economy. In addition, this year's "government work report" also proposed that the majority of market participants feel the improvement of financing convenience and the decline of comprehensive financing cost. Promote financial institutions to reduce charges, benefit enterprises and the people, and continue to improve the customer experience, so that residents and enterprises can effectively enjoy the policy dividend. "These three measures will help stimulate the vitality of micro entities and smooth the internal circulation, which will help the smooth operation of the economy." Zhou Maohua, macro researcher of financial market department of Everbright Bank, told the reporter of Securities Daily. Zhou Maohua said that in the face of the complex domestic and international economic environment, China's central bank has strengthened the implementation of prudent monetary policy, adopted the "total amount + structure" approach, and has issued a number of "incremental" policies, including inclusive small and micro loan support tools, scientific and technological innovation refinancing, special refinancing for clean and efficient utilization of coal, etc. At the same time, the central bank also operates flexibly through the open market to maintain reasonable and sufficient liquidity and guide financial institutions to make reasonable profits to the real economy. In the later stage, we need to speed up the implementation of the newly issued policies to make the policy effect appear as soon as possible. As for "what are the driving points of monetary policy in the real economy", Liang Si believes that the current monetary policy tools obviously pay more attention to structure and accurately focus on key economic areas and weak links. In the future, we still need to continue to make efforts in the fields of inclusive small and micro enterprises, green, carbon emission reduction, scientific and technological innovation and elderly care, give full play to the targeted role of structural monetary policy tools, achieve precision drip irrigation and consolidate the foundation of economic development. Financial institutions should do a good job in providing financing support to industries and enterprises in difficulty. They should not blindly restrict, withdraw or cut off loans, and help industries and enterprises in difficulty tide over difficulties. (Xinhua News Agency)