1. The central bank's second comprehensive RRR reduction this year officially landed today. This RRR reduction of 0.5 percentage points will release about 1.2 trillion yuan of long-term funds. In addition, There will be 950 billion yuan of medium-term lending facilities today (MLF) expires. The relevant person in charge of the central bank previously said that some of the funds released by the RRR reduction will be used by financial institutions to return the expired MLF, and some will be used by financial institutions to supplement long-term funds to better meet the needs of market entities. In addition to the funds to replace the expired MLF, the comprehensive RRR reduction will provide financial institutions with an additional long-term fund of about 250 billion yuan.
2. The central bank, the Ministry of Finance and the cbcirc will deploy key tasks in 2022. The central bank stressed the need to do a good job in cross cyclical and counter cyclical policy design and improve the foresight and pertinence of monetary policy; We will continue to release the potential of the reform of the quoted interest rate in the loan market and promote the steady decline of the comprehensive financing cost of enterprises. The Ministry of Finance said that it is necessary to actively launch policies and measures conducive to economic stability, strive to stabilize the macro-economic market and promote economic operation within a reasonable range; We will resolutely curb new implicit debts of local governments.
3. Minister of Finance Liu Kun: as the real estate market varies greatly across the country and the actual situation is very complex, the legislation of real estate tax needs to be promoted step by step and steadily; Further deepening the pilot reform of real estate tax can give play to the demonstration, breakthrough and driving role of the pilot in the overall reform, strengthen the demand side management of real estate regulation, stabilize market expectations, and accumulate experience and create conditions for unified legislation in the future.
