Finance continues to support the recovery and development of the real economy.

The People's Bank of China, the State Administration of Financial Supervision, and the China Securities Regulatory Commission jointly held a video conference on financial support for the real economy and prevention and resolution of financial risks. The three departments stated that since the beginning of this year, finance has continued to support the recovery and development of the real economy and its recovery. In the future, financial support for the real economy must be sufficient, the pace must be stable, the structure must be optimized, and the price must be sustainable.

The meeting held that major financial institutions should take the initiative to act and increase loans, and large state-owned banks should continue to play a supporting role. We must pay attention to maintaining the pace of stable loan growth, properly guide credit fluctuations, and enhance the stability of financial support for the real economy. Attention should be paid to tapping new credit growth points, vigorously supporting key areas such as small and medium-sized enterprises, green development, technological innovation, and manufacturing, and actively promoting the transformation of urban villages and the construction of public infrastructure for both emergency and public use. Adjust and optimize the real estate credit policy. It is necessary to continue to promote the steady decline of financing costs in the real economy, standardize the pricing order of loan interest rates, and take into account the relationship between incremental, stock and other financial product prices. Give full play to the important role of the deposit rate market-based adjustment mechanism, enhance the sustainability of financial support for the real economy, and effectively leverage the positive role of finance in promoting consumption, stabilizing investment, and expanding domestic demand.

The meeting called for the financial sector to coordinate financial support for local debt risk resolution, enrich tools and means to prevent and resolve debt risks, strengthen risk monitoring, evaluation, and prevention and control mechanisms, promote risk disposal in key areas, and firmly guard against non-occurrence The Bottom Line on Systemic Risk.