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    News: 2024.03.18

    Lian Ping, Chairman of the Forum of China’s Chief Economic School, talks about economic liquidity support

    According to the latest financial statistics from the People's Bank of China, the scale of social financing and broad money supply continued to grow at the end of February, which shows that China has ample liquidity and strongly supports the development of the real economy. The People's Bank of China requires financial institutions to strengthen balanced credit extension to ensure that the real economy receives stable and balanced credit support.

    Lian Ping: Abundant liquidity provides strong support to the real economy

    Lian Ping, chairman of the China Chief Economics Forum, pointed out that ample liquidity is an important supporting force for the real economy. Under the current economic situation, it is particularly important to maintain financial market stability and ensure that credit funds can effectively flow into the real economy.

    Financial institutions should strengthen the balanced supply of credit

    The People's Bank of China requires financial institutions to strengthen balanced credit extension, which means that financial institutions need to rationally allocate credit funds based on actual conditions to support the development of various industries and enterprises. This will help achieve stable economic growth and structural adjustment.

    China's Economic Outlook

    With ample liquidity and steadily increasing credit support, China's economic outlook will be more stable. Lian Ping said that China's economy still has strong resilience and potential, and is expected to achieve high-quality development and inject new impetus into the global economy.

    • To sum up, sufficient liquidity strongly supports the development of the real economy, financial institutions should strengthen balanced credit extension, and China's economic prospects are optimistic.