CCTV News: After the Spring Festival, enterprises in various places have started the "work start mode". Some companies have already scheduled for orders until June, and many companies are working overtime and running at full capacity. Behind the hot start-up wave is a series of "combination punches" of policies supporting the real economy that are playing a role.
In Tianjin, government departments have launched a new cycle pilot program of "Technology-Industry-Financial", encouraging banking institutions to actively connect with 12 key industrial chain enterprises, and to open up the "last mile" of financial benefiting the people and enterprises for enterprises through providing medium- and long-term loans, reducing interest rates or renewal support.
In Jiangxi, the government and banks work together to innovate and launch the "data credit" model. The government provides 12 business data on corporate taxation, electricity use, orders, etc., and banks tailor credit plans for enterprises based on this, reducing the average credit approval time by 70%.
In order to implement a moderately loose monetary policy, the central bank will play the key card of "cutting the reserve requirement ratio and interest rate at the right time" in 2025. A moderately loose monetary policy will continue to increase credit supply. At the same time, in 2025, the structural monetary policy tools created by the central bank will continue to be optimized and upgraded.
Wen Bin, chief economist of Minsheng Bank, said: "At present, the central bank's structural monetary policy tools include 500 billion yuan of scientific and technological innovation and technological transformation re-lending, and new re-lending for agriculture and primary schools. These policy tools will play a better role in 2025."
At the same time, loan interest rates are also issues that companies are very concerned about. In January, the average interest rate for newly issued corporate loans was only about 3.4%. The burden of corporate loans was lighter, so it could better relax its hands and feet. The central bank also stated that it will continue to strengthen the implementation of interest rate policies in 2025, promote a steady decline in social comprehensive financing costs, and create a favorable interest rate environment for promoting consumption and expanding investment.
