Targeted funds continue to be used for precise and high-quality development of drip irrigation, continuously accumulating structural strength | loans | high-quality drip irrigation

Release time:Apr 14, 2024 06:27 AM

CCTV News: Where did all the funds go in the first half of this year? Which areas have received key support? Continue to watch the journalist's interview.

After sorting out the direction of credit structure funds in the first half of the year, we found that key areas and weak links of the national economy, such as inclusive finance, technological innovation, green development, and infrastructure, are the areas where funds are mainly flowing. Let's take a look at this set of data: at the end of June, the balance of medium and long-term loans invested in the manufacturing industry increased by 40.3% year-on-year, and the balance of inclusive small and micro loans also increased by 26.1% year-on-year; The balance of loans for small and medium-sized enterprises with specialization, refinement, and novelty has maintained a growth rate of over 20% for 14 consecutive months.

Bank of China Securities Global Chief Economist Guan Tao: This blue line represents the average growth rate of RMB loan balances. The growth rate of balances related to agriculture, inclusive finance, inclusive small and micro enterprises, and green loans is far higher than the average growth rate of RMB loans.


Targeted funds continue to be used for precise and high-quality development of drip irrigation, continuously accumulating structural strength | loans | high-quality drip irrigation

Wen Bin, Chief Economist of China Minsheng Bank: In terms of key areas, it is important to increase credit support for the manufacturing industry, especially in encouraging and supporting our manufacturing industry to increase investment and growth, which is still very obvious and significant.

How do funds achieve targeted support and precise drip irrigation? Experts told reporters that opening the monetary policy toolbox, multiple structural monetary policy tools such as technological innovation, carbon reduction, clean and efficient utilization of coal, and equipment renewal and renovation loans are precisely ensuring that funds can flow towards the areas that need support. The characteristics of these tools are focusing on key points, being reasonable and moderate, and having both progress and retreat.

Guan Tao, Global Chief Economist of Bank of China Securities: An important feature of structured monetary financial instruments is precise drip irrigation and targeted support. For example, our equipment upgrade and renovation loans not only have quota support, but also require loan interest rates under this item to be relatively favorable, less than 2%. At the same time, there is also a means of fiscal interest subsidies, which is difficult to achieve through total quantity control.


Targeted funds continue to be used for precise and high-quality development of drip irrigation, continuously accumulating structural strength | loans | high-quality drip irrigation

Dong Ximiao, Chief Researcher of Zhaolian: Currently, there are a total of 17 structural monetary policy tools created by the central bank. Therefore, the total amount of these 17 structural monetary policies is expected to reach around 7 trillion yuan by the first half of this year, accounting for about 16% of the total assets of the central bank.

In just the first quarter, the balance of structured monetary financial instruments in China increased by 375.4 billion yuan, equivalent to 120% of the increase in basic currency issuance by the People's Bank of China during the same period. Experts told reporters that under the continuous drip irrigation of targeted funds, China's driving force for scientific and technological innovation continues to strengthen, green transformation is steadily advancing, and the power of high-quality development is constantly accumulating.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【