B. Deposit reserve ratio
China has adopted monetary policy tools.
★ 1984- 1994: ☆ loan plan: scale control; Re-loan quota control; ☆ Deposit reserve; ☆ Interest rate control; ☆ rediscount.
★ After the promulgation of China People's Bank Law 1995 in March, China's monetary policy tools gradually changed from direct regulation to indirect regulation. In the transitional period, monetary policy tools include loan scale, rediscount, interest rate, deposit reserve, open market business, refinancing and so on. 1988, China cancelled the loan scale management of financial institutions.
☆ The loan scale control is gradually reduced to complete cancellation;
☆ Interest rate control is gradually relaxed;
☆ The rediscount business is advancing by leaps and bounds;
☆ Open market business and indirect credit guidance.
Second, China cancelled the loan scale management several years later?
1998. China cancelled the management of loan scale on 1998, and the CreditScale, also known as "loan scale", is a pre-determined indicator for the central bank to control bank loans in order to achieve the monetary policy objectives in a certain period.
Third, does the state want to abolish the supervision industry?
The state does not want to abolish the supervision industry. Except for the following projects, other projects can be managed by themselves without project construction supervision, and the construction unit will bear the legal responsibilities and obligations of project supervision.
National key construction projects, large and medium-sized public utilities projects with a total investment of more than 30 million yuan, infrastructure projects related to social interests and public safety, schools, theaters, stadiums, residential construction projects with a building scale of more than 50,000 square meters, and projects with loans and aid funds from foreign governments or international organizations.
Four, China's cancellation of loan scale management is in
China cancelled the loan scale management on 1998. According to the inquiry, in 1998, the central bank cancelled the loan scale management that has been implemented for nearly 50 years, which shows that China's monetary policy authorities are aware of the limitations of the total credit and the practical significance of the target. With the abandonment of credit scale control, the money supply as an intermediary target is the most important.