Pan Gongsheng: Research and reserve policy tools to deal with macroeconomic and financial marekt fluctuations
2025-10-31 05:12:35
On October 31st, the recently published "Suggestions of the Central Committee of the Communist Party of China on the Formulation of the 15th Five-Year Plan for National Economic and Social Development" published a signed article by Pan Gongsheng, Governor of the People's Bank of China, entitled "Building a Scientific and Sound Monetary Policy System and a Comprehensive Macroprudential Management System". Pan Gongsheng pointed out in the article that globally, macroprudential policy tools have been very abundant and are still developing rapidly. According to the evaluation results of the macro-prudential monitoring and analysis framework, continue to enrich and improve the systemically important Financial Institution Group, broad credit, real estate finance, cross-border capital flow and other areas of policy toolbox, research and reserve to deal with macroeconomic, financial marekt fluctuations and other areas of policy tools, establish the creation, implementation, evaluation, feedback, optimization management mechanism, make it more standardized and standardized.
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