News list for "Pan Gongsheng"
On February 18, Pan Gongsheng, Governor of the People's Bank of China, was invited to attend the seminar on emerging market economies jointly hosted by the international monetary fund and Saudi Arabia, and delivered a keynote speech. Pan Gongsheng pointed out that in 2024, China's economy continued to recover and achieve the annual economic growth target of 5%. Especially since late September last year, the Chinese government has launched a package of incremental policies, which effectively boos...
On January 13, Pan Gongsheng, Governor of the People's Bank of China, delivered a speech at the opening ceremony of the Asian Financial Forum, expressing his support for the Hong Kong Monetary Authority to launch the RMB trade financing liquidity arrangement. On the basis of the existing RMB liquidity arrangement framework, use swap funds to add RMB trade financing liquidity arrangements for terms of 1 month, 3 months and 6 months, with a total amount of 100 billion yuan, providing a stable and ...
On January 13, Pan Gongsheng, Governor of the People's Bank of China, delivered a speech at the opening ceremony of the Asian Financial Forum, saying that he supports Bond Connect bonds as qualified collateral for Hong Kong financial marekt. In the early stage, we have announced that we support overseas institutions to use Bond Connect bonds to pay swap deposits, and this business will be officially launched today. In the future, we will support Bond Connect bonds as qualified collateral to be m...
On January 13, Pan Gongsheng, Governor of the People's Bank of China, said in his speech at the opening ceremony of the Asian Financial Forum that he will support the development of Hong Kong's capital markets and continue to deepen the interconnection of financial marekt between the two places. The prosperity and development of capital markets is the core and cornerstone of Hong Kong's international financial center. We will explore expanding the macro-prudential and financial stability functio...
On December 29th, since the beginning of this year, the policy adjustment has not been small. How much room is there in the future? "After the implementation of the RRR cut policy, the average deposit reserve ratio of the banking industry is about 6.6%. Compared with the central banks of major economies in the world, there is still some room for this level." Pan Gongsheng, governor of the People's Bank of China, said. Referring to the next policy considerations, Pan Gongsheng said: "Increase the...
On December 5, Pan Gongsheng, Governor of the People's Bank of China, met with Lawrence Fink, Chairperson and CEO of BlackRock Group of the United States. The two sides exchanged views on the global economic and financial situation and China's macroeconomic policies.
2024 Financial Street Forum Annual Meeting was held, central bank governor Pan Gongsheng announced heavy news, Wu Qing and other bosses to bring what important content?
On September 24th, Pan Gongsheng, the governor of the People's Bank of China, said that the central bank will optimize the policy of affordable housing refinancing, and the proportion of central bank funding support in the previously created 300 billion yuan affordable housing reloan will be increased from 60% to 100%.
On September 24th, Pan Gongsheng, the governor of the People's Bank of China, said that the People's Bank of China will support the acquisition of the stock land of real estate enterprises. On the basis of using some local government special project bonds for land reserves, we will study allowing policy banks and commercial banks to lend to support the market-oriented acquisition of real estate land by conditional enterprises, revitalize the stock land, and ease the financial pressure of real es...
On September 24th, the State Council Information Office held a press conference on September 24th. Pan Gongsheng, governor of the People's Bank of China, said at the meeting that the time limit of the two real estate financial policy documents was extended. Previously, the People's Bank of China and the General Administration of Financial Supervision issued two phased policies of financial 16 and operational property loans. The valid period of the two policies will be extended from December 31, ...
