Large space for precise development in the industry: Structural monetary policy tools will be "updated"

On March 29th, industry insiders believe that based on recent policy signals, re loans for technological innovation and technological transformation will be established this year, and the amount of collateralized supplementary loans (PSL) is expected to further increase. The sustained efforts of structural monetary policy tools are worth looking forward to. The latest data from the People's Bank of China shows that the current balance of 17 structural monetary policy instruments is 7510.6 billion yuan. Among them, there are 10 surviving instruments and 7 expired instruments. Experts say that one of the advantages of structural monetary policy tools is that they can "advance and retreat" according to the key needs of different periods and stages of economic development, forming a good coordination with aggregate policy tools.