Industry: M2 growth will slow down in the future, but this is not a weakening of financial support

On May 30, according to the Financial Times, the competent media of the People's Bank of China, the recent "diversion" of deposits to financial marekt has caused the growth rate of broad money (M2) balance to decline. Experts said that the focus of future macro policies should shift from increasing supply in the past to increasing consumer demand and promoting balance between supply and demand. The central bank can adjust the "general gate of money supply", but the flow of funds such as deposits and loans mainly depends on the needs of different types of borrowers, and fiscal and other policies need to play a joint role. Industry insiders mentioned that with the development of direct financing, the growth rate of M2 will slow down in the future, but this is not a weakening of financial support, but a reflection of the optimization of financing structure and the improvement of financial quality and efficiency. It is also a good thing to meet the financing needs of the real economy.