CCTV News: At the State Information Office press conference on April 28, the central bank revealed a series of important information. What signals did this information send? Let’s take a look at the observations of Lao Wang from the reporter Finance.
Let’s talk about the conclusion first, that is, you have response and confidence.
Zou Lan, deputy governor of the People's Bank of China, said that he is studying and enriching the policy toolbox and will introduce incremental policies in a timely manner. Zou Lan did not point out what is in this toolbox, but we can see through the deployment of the Political Bureau of the Central Committee two days ago. This toolbox includes at least creating new structural monetary policy tools, setting up new policy-based financial tools, setting up re-lending for consumption and pension, and innovatively launching a "technology board" for the bond market, etc.
Although Zou Lan's statement was not long, it clearly conveyed a signal that no matter what the external environment is, we have sufficient plans, which not only stabilizes domestic expectations, but also boosts market confidence.
At the moment when the United States is imposing tariffs, what should foreign trade enterprises, especially many private small and medium-sized enterprises? Zou Lan made it clear that he would not withdraw loans or continue to lend, especially small and medium-sized enterprises that have high dependence on foreign trade, temporary difficulties, and competitive products, which gave enterprises that are facing financial difficulties a "peace of mind".
This press conference also brought more confidence to private enterprises for financing. Zou Lan said that it would expand the scale of bond financing for private enterprises and promote "two new" debt financing tools. This means that private enterprises have more financing options. In the past, private enterprises mainly rely on bank loans and the risks are concentrated. Now through bond financing, companies can raise funds directly from the market, reduce costs and optimize structure.
After listening to the press conference, Lao Wang was able to see the systematicity and foresight at the policy level. All policies were linked together and worked together to solve the difficulties brought by the current trade frictions, and lay the foundation for high-quality economic development.
