本周，中国政府启动了一轮大规模刺激政策，旨在稳住放缓的经济与增强投资者信心，并宣布对存款准备金率（RRR）实施0.5个百分点的下调，同时降低关键政策利率。中国人民银行执行这一举措以营造有利的货币和金融环境，支撑中国经济的稳定增长。
根据中国人民银行行长此前的指示，降低存款准备金率旨在增加金融机构的长期流动性供给，从而让银行能够加大放贷力度以及购买政府发行用于基础设施支出的债券。经过这次调整后，加权平均存款准备金率将降至约6.6%。
中国人民银行在一份声明中承诺立即行动并全力以赴实施这一系列新增政策。此举释放了大约1万亿元人民币（约合1430亿美元）长期流动性资源至银行业，这些资金可用于增加贷款发放和政府债券购买，支持基础设施建设投资的融资需求。
此外，中国政府宣布进一步降低了主要借贷便利利率和其他一些利率水平，确保这些利率成为借款成本上限，并对金融体系产生积极影响。这被视为对中国金融市场稳定的一项重要支撑举措。
与此同时，在北京举行的政治局会议中，24位最高级别的中共官员重申了加大财政和货币政策的力度，决心实现年度经济增长目标，并强调努力保持房地产行业的复苏态势。他们还呼吁全国各级政府成员提高对经济工作责任与紧迫性的认识。
中国政府在宣布上述措施后不久便发布了声明，明确表示将迅速并全力以赴执行这些新政策，以支持经济增长、维护金融市场稳定及确保房地产行业健康运行。此番动作彰显了中国应对经济挑战的决心与积极姿态。
新闻来源：www.bloomberg.com
原文地址：China Cuts Key Interest Rate, RRR, Frees Up Cash for Banks to Spur Growth
新闻日期：2024-09-27
原文摘要：
China cut the amount of cash banks must keep in reserve Friday and lowered a key policy rate, as Beijing rolls out a strong stimulus package unveiled this week in a push to shore up the slowing economy and investor confidence.The People’s Bank of China’s 0.5 percentage point reduction to the requirement ratio was earlier this week by central bank chief , who didn’t provide a timeframe. The cut is aimed at creating a “good monetary and financial environment” for the steady growth of the Chinese economy, the PBOC said in a . The central bank also trimmed to 1.5% from 1.7%, authorities said in a separate statement, confirming the timing for another move already revealed by Pan. Late Friday, the PBOC followed with a to a clutch of interest rates considered the ceiling for borrowing costs — known as the standing lending facilities — by 20 basis points each.The PBOC governor unleashed one of the country’s most daring policy campaigns in decades , when Pan announced a blitz of easing measures during a rare televised press conference in Beijing. That came after a slew of Wall Street banks downgraded their forecasts for China’s annual growth to below the government’s around 5% target.The Politburo, comprised of the ruling Communist Party’s 24 most-senior officials including President , to strengthen fiscal and monetary policies and pledged to “strive to achieve” the annual goal, according to a Thursday statement. They also committed to action to make the property sector “stop declining,” their strongest vow yet to stabilize the crucial industry.The elite group called on officials across the nation of 1.4 billion people to “earnestly enhance the sense of responsibility and urgency of doing economic work well.” The PBOC responded to that message hours later, posting a promising to “act immediately and go all out” to implement the additional policies.The cut in the RRR will free up about 1 trillion yuan ($143 billion) in long-term liquidity for banks, Pan said previously. That will allow banks to lend more and buy government bonds issued to fund infrastructure spending. The weighted average RRR will drop to around 6.6% after the cut, the PBOC said.
