2013货币政策稳中有进（2013 monetary policy steady progress）.doc

2013货币政策稳中有进（2013 monetary policy steady progress） 2013 monetary policy steady progress As the direction of monetary policy next year to implement a prudent monetary policy, should pay attention to grasp the degree, enhance the flexibility of operation. To expand the scale of social financing aggregate, keeping loans increased moderately, and keep the RMB exchange rate basically stable, effectively reducing the cost of financing the development of real economy. To the end, the economy has now stabilized signs of recovery, inflationary pressures eased significantly and enter 2 era, but the other side of the coin, is the external demand by the continuing impact of the international financial crisis still weak domestic endogenous growth momentum is still insufficient. This economic situation, the objective requirements of monetary policy to maintain a healthy, not only can not easily relax, prevent inflation nor to stage a comeback; tightening stifle economic recovery activity. Robust monetary policy next year will still adhere to the tone. The central economic work conference for next years monetary policy has pointed out the direction of the implementation of prudent monetary policy, should pay attention to grasp the degree, enhance the flexibility of operation. To expand the scale of social financing aggregate, keeping loans increased moderately, and keep the RMB exchange rate basically stable, effectively reducing the cost of financing the development of real economy. Analysts pointed out that the economic situation and monetary environment is complicated, need to carefully weigh the monetary policy, to strengthen the regulation of proactive, targeted and flexible, to grasp the economic growth, price stability and risk prevention of the balance of the three. The tool selection will adhere to the flexibility of open market operations, at the same time and space have cut the benchmark rate. Review this year Open market operations play a leading role Although the tone