Currently, the prospects for global economic growth are uncertain, and economic recovery faces multiple challenges. How to boost confidence in development? How to promote global economic recovery and financial stability? At the 14th Lujiazui Forum held on June 8th, relevant leaders from the government and financial regulatory agencies discussed the current hot issues in the economic field, releasing a series of high-quality financial development signals. Li Yunze, director of the National Administration of Financial Regulation and co chairman of the forum, said at the forum that he would take his own institutional reform as an opportunity to continue to optimize the system supply, actively promote the "reform of laws and regulations", improve the prudential regulation, firmly control the regulation, orderly release the regulation, and promote the stable and healthy development of the financial industry. The recent consecutive risk events in the international banking industry have had a small direct impact on China, but they have strong warning significance. We need to take a proactive approach to risk prevention and control, respond to various risks and hidden dangers with a more proactive attitude, adhere to early identification, early warning, early detection, and early disposal, and resolve risks in their early stages. Li Yunze said that at present, China's financial industry is running steadily on the whole, and risks are generally controllable. It is fully conditional, confident and able to hold the bottom line of avoiding systemic financial risks. In terms of accelerating the construction of a Dual circulation and promoting high-quality development, Li Yunze introduced that serving the real economy is the foundation of financial business. "We will focus on the key to restoring and expanding Effective demand, continue to optimize and improve financial services. We will increase financial support for new consumption and service consumption, and promote new energy vehicles, green appliances and other mass consumption." He said that we should follow the pace of a new round of scientific and technological revolution, increase support for high-level science and technology, seize new opportunities in new fields and new tracks, and continue to increase advanced manufacturing Financial supply in key areas such as strategic emerging industries and traditional industry transformation and upgrading, supporting the acceleration of the construction of a modern industrial system. The People's Bank of China actively practices the concept of green development, vigorously develops green finance, and has achieved positive results. "Yi Gang, the President of the People's Bank of China, stated that the People's Bank of China firmly places green finance work in a prominent position and focuses on three aspects of work. One is to strengthen environmental information disclosure, the second is to improve the policy incentive and constraint system, and the third is to carry out climate change stress testing. In 2021, the People's Bank of China established two monetary policy tools: carbon emission reduction support tools and special re loans to support the clean and efficient utilization of coal, to support the development of key areas of carbon emission reduction. For carbon reduction loans issued by financial institutions to key areas, the People's Bank of China provides re loan funding support at a rate of 60% of the loan principal, with an interest rate of 1.75%, accurately reaching green and low-carbon projects. Yi Gang stated that the refinancing provided by the People's Bank of China to financial institutions needs to be recovered upon maturity, and financial institutions need to bear their own risks when issuing carbon reduction loans to enterprises. This incentive mechanism is moderate and market-oriented. At the same time, financial institutions supported by the People's Bank of China promise to disclose information on carbon reduction loan balances, interest rates, and carbon reduction effects to the public, and accept verification and social supervision from third-party independent institutions. As of the end of April this year, the balance of carbon emission reduction support tools has reached nearly 400 billion yuan
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic daily
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email：lwxsd@liaowanghn.com
Economy
Recommended Reading Change it 
Home
