Economic Daily Jin Guanping: Precise investment in manufacturing medium and long term loans

On May 3rd, the top priority is for the Financial Institution Group to further strictly implement the spirit of the Central Financial Work Conference and improve the accuracy and adaptability of manufacturing credit delivery. On the one hand, it is necessary to continuously optimize the structure and improve efficiency. For projects that are in line with the national strategic orientation and high-quality development direction, we must actively connect, do a good job in project signing and credit delivery. Promote the investment of credit resources in new technologies and new industries with development prospects, and form new quality productivity as soon as possible. It is necessary to effectively prevent multi-head credit and excessive credit, and avoid low-level duplication of industrial projects caused by a rush. For some areas that need to allocate financial resources tightly, we must appropriately reduce the scale, let the real interest rate rise slightly, and promote enterprises to control production capacity and reduce inventory. On the other hand, it is necessary to grasp the rhythm and intensity. Especially in terms of pressure drop loan collection, if it is not properly grasped, it is easy to cause tension in the capital chain of some normally operating enterprises.