According to sources, relevant departments are discussing the establishment of the policy banks. However, all is not simple. As a result of the policy banks on how to carry out the functions and operations, the central bank, the Ministry of Finance, National Development and Reform Commission, China Banking Regulatory Commission and other departments of knowledge and ideas are not the same, the establishment of a new policy banks is not an easy.
And such a proposition on the dilemma facing China's policy-making level, after all 4,000,000,000,000 yuan able to carry out domestic demand, which has a bearing on China's economy this "gamble" the ultimate fate.
Shen commercial bank loan
In 1998 in accordance with the national policy of expanding domestic demand, "the principle of open on March 3," the Central University of Finance and Economics Research Center of China's banking sector is expected to Tian Yong Guo, in 4,000,000,000,000 yuan policy of expanding domestic demand and spending, there are approximately 1.3 trillion yuan of bank credit will go Way. In addition, the central government, local governments bear the 1 / 3, the rest of the ministries, large-scale enterprises.
However, the long-closed gate of a sudden incremental relaxation of credit controls, commercial banks are still "Shen loan." "Although the state has increased investment, the bank is the opportunity, however, we first think of, or risk. Especially in the second half of the economy turning point occurred after the loan-out easily, but be afraid of bad debts in the future." A commercial bank said "So in the regulation and control policy and the balance between commercial interests is difficult to grasp the point."
"We are very contradictory, on the one hand, credit risk exposure to pressure from local governments on the one hand, put the pressure on." Jiangsu and Zhejiang areas of a city business risk management related to the Ministry told the "China Business" reporter.
Bank credit is clearly on the opening-round still have concerns. Central to the proposed increase credit support for economic development, more than 10 banks out of the concrete implementation of the rules and defined the end of this year or next year with the new credit line. But reporters noted that the use of new loans banks, the infrastructure is the first choice for banks, post-disaster reconstruction, "three rural" and the financing of small and medium enterprises not up. Bank credit to support the policy of "some reservations" There's been.
Central Bank statistics show that the Secretary: In the first three quarters of this year, the bank's loans to support small and medium enterprises significantly lower than last year. SMEs not only in loans, there are "three rural" construction, reconstruction and other related events, the bank's credit support is also less than clear.
The occurrence of the above, the Ministry of Finance Jia Kang, director of the Institute of Financial Science: Due to the lack of a stable long-run can be a mechanism, leading to financial institutions to support the policy, the existence of "political position and really run" Zhang skin.
"Although the central bank in line with the policy to encourage commercial banks to provide credit support, but if more costly, banks are unwilling to vote. Particularly in rural infrastructure construction, the project is the most cost-effective small but high social benefits, which Financing will be a big obstacle. "Chief economist of China International Finance Corporation, said Ha Jiming.
The new policy banks
Bank credit funds in place in time, to a certain extent, will determine the policy of expanding domestic demand and the final results. Related to the central bank head said publicly that the recent policy banks will guide the end of the year an additional 100,000,000,000 yuan loans to support key projects and acquisition of agricultural and sideline products; to encourage commercial banks to 100,000,000,000 yuan by the end of the central supporting loans for investment projects.
A long-term study of China's economy to reporters and scholars, the State Development Bank has been in transition to commercial banks, the Agricultural Development Bank due to the long-run, "has basically lost its ability to operate", the Export-Import Bank of China due to its much smaller size and Can only assume the functions of the import and export, it is clear that at this time of the decision-making level only felt when the commercial bank credit to start thinking about the safety and release the loan proceeds and Shen, policy banks in the area where the missing.
As a result, the relevant departments try to make up for the hope that this part of the missing. According to sources, relevant departments have recently begun to explore the establishment of a new policy banks to undertake this function.
"In the national or central level, we can not find any decent major policy-oriented financial institutions." Jia Kang also issued a heavy heart about this, it is clear that this is a newly established policy banks need for the host.
Ministry of Finance announced on November 13 showed: As the policy of more tax cuts and economic slowdown in the growth of enterprises declined in October, the central fiscal revenue fell 8.4 percent. Taking into account the local financial revenue will be adversely affected, the year after next will be the situation has deteriorated. As a result, scholars are expected to relevant, bank credit is likely to bear a greater proportion of investment expenditure, so the situation is obviously difficult for commercial banks alone can support.
Function of differences
An internal central bank told reporters: "To a certain historical period, policy-oriented financial institutions can play an appropriate role. But the trend is transformed into commercial financial institutions. For example, a large number of Japan's policy of granting credit are commissioned Commercial banks to implement the agent. "
It is more than carry ideas in the original decision to bear a lot of credit policies of the main business - the country to open lines of business, the relevant ministries and eventually be able to reach agreement on the premise that: the future of any business policy implementation, through to commercial banks Tender to achieve in order to ensure that national policies would not affect the results.
"The establishment of policy banks is a good mind, however, if the original policy-oriented financial institutions to do bad things, the formation of a new policy on financial institutions will be able to do a good job?" Graduate Department of the Ministry of People's Bank of China Deputy Treasury Wang Zili, said Chairman of the question.
In the face of all the complexity of the dispute, the State Council Development Research Center of the Vice-Minister Wei Jianing: "can set up different functions policy banks. For example, support for small and medium enterprises financing of small and medium enterprises policy banks, to support scientific and technological innovation of science and technology policy Banks and so on. "
It is reported that due to differences of opinion between the larger, the new policy banks "for the occasion out of" the rapid formation of the basic have been impossible.
And such a proposition on the dilemma facing China's policy-making level, after all 4,000,000,000,000 yuan able to carry out domestic demand, which has a bearing on China's economy this "gamble" the ultimate fate.
Shen commercial bank loan
In 1998 in accordance with the national policy of expanding domestic demand, "the principle of open on March 3," the Central University of Finance and Economics Research Center of China's banking sector is expected to Tian Yong Guo, in 4,000,000,000,000 yuan policy of expanding domestic demand and spending, there are approximately 1.3 trillion yuan of bank credit will go Way. In addition, the central government, local governments bear the 1 / 3, the rest of the ministries, large-scale enterprises.
However, the long-closed gate of a sudden incremental relaxation of credit controls, commercial banks are still "Shen loan." "Although the state has increased investment, the bank is the opportunity, however, we first think of, or risk. Especially in the second half of the economy turning point occurred after the loan-out easily, but be afraid of bad debts in the future." A commercial bank said "So in the regulation and control policy and the balance between commercial interests is difficult to grasp the point."
"We are very contradictory, on the one hand, credit risk exposure to pressure from local governments on the one hand, put the pressure on." Jiangsu and Zhejiang areas of a city business risk management related to the Ministry told the "China Business" reporter.
Bank credit is clearly on the opening-round still have concerns. Central to the proposed increase credit support for economic development, more than 10 banks out of the concrete implementation of the rules and defined the end of this year or next year with the new credit line. But reporters noted that the use of new loans banks, the infrastructure is the first choice for banks, post-disaster reconstruction, "three rural" and the financing of small and medium enterprises not up. Bank credit to support the policy of "some reservations" There's been.
Central Bank statistics show that the Secretary: In the first three quarters of this year, the bank's loans to support small and medium enterprises significantly lower than last year. SMEs not only in loans, there are "three rural" construction, reconstruction and other related events, the bank's credit support is also less than clear.
The occurrence of the above, the Ministry of Finance Jia Kang, director of the Institute of Financial Science: Due to the lack of a stable long-run can be a mechanism, leading to financial institutions to support the policy, the existence of "political position and really run" Zhang skin.
"Although the central bank in line with the policy to encourage commercial banks to provide credit support, but if more costly, banks are unwilling to vote. Particularly in rural infrastructure construction, the project is the most cost-effective small but high social benefits, which Financing will be a big obstacle. "Chief economist of China International Finance Corporation, said Ha Jiming.
The new policy banks
Bank credit funds in place in time, to a certain extent, will determine the policy of expanding domestic demand and the final results. Related to the central bank head said publicly that the recent policy banks will guide the end of the year an additional 100,000,000,000 yuan loans to support key projects and acquisition of agricultural and sideline products; to encourage commercial banks to 100,000,000,000 yuan by the end of the central supporting loans for investment projects.
A long-term study of China's economy to reporters and scholars, the State Development Bank has been in transition to commercial banks, the Agricultural Development Bank due to the long-run, "has basically lost its ability to operate", the Export-Import Bank of China due to its much smaller size and Can only assume the functions of the import and export, it is clear that at this time of the decision-making level only felt when the commercial bank credit to start thinking about the safety and release the loan proceeds and Shen, policy banks in the area where the missing.
As a result, the relevant departments try to make up for the hope that this part of the missing. According to sources, relevant departments have recently begun to explore the establishment of a new policy banks to undertake this function.
"In the national or central level, we can not find any decent major policy-oriented financial institutions." Jia Kang also issued a heavy heart about this, it is clear that this is a newly established policy banks need for the host.
Ministry of Finance announced on November 13 showed: As the policy of more tax cuts and economic slowdown in the growth of enterprises declined in October, the central fiscal revenue fell 8.4 percent. Taking into account the local financial revenue will be adversely affected, the year after next will be the situation has deteriorated. As a result, scholars are expected to relevant, bank credit is likely to bear a greater proportion of investment expenditure, so the situation is obviously difficult for commercial banks alone can support.
Function of differences
An internal central bank told reporters: "To a certain historical period, policy-oriented financial institutions can play an appropriate role. But the trend is transformed into commercial financial institutions. For example, a large number of Japan's policy of granting credit are commissioned Commercial banks to implement the agent. "
It is more than carry ideas in the original decision to bear a lot of credit policies of the main business - the country to open lines of business, the relevant ministries and eventually be able to reach agreement on the premise that: the future of any business policy implementation, through to commercial banks Tender to achieve in order to ensure that national policies would not affect the results.
"The establishment of policy banks is a good mind, however, if the original policy-oriented financial institutions to do bad things, the formation of a new policy on financial institutions will be able to do a good job?" Graduate Department of the Ministry of People's Bank of China Deputy Treasury Wang Zili, said Chairman of the question.
In the face of all the complexity of the dispute, the State Council Development Research Center of the Vice-Minister Wei Jianing: "can set up different functions policy banks. For example, support for small and medium enterprises financing of small and medium enterprises policy banks, to support scientific and technological innovation of science and technology policy Banks and so on. "
It is reported that due to differences of opinion between the larger, the new policy banks "for the occasion out of" the rapid formation of the basic have been impossible.
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