Directional reduction of the deposit reserve ratio is a positive incentive measure for financial support for the real economy. Compared with the overall RRR reduction, it is more targeted, which is conducive to better investing financial resources in weak links such as "agriculture, rural areas and farmers" and small and micro enterprises, thus promoting economic restructuring.
This not only increases the loanable funds of financial institutions, but also reduces the financing costs of "agriculture, rural areas and farmers" and small and micro enterprises, and also plays a certain role in stabilizing growth, thus achieving steady growth in the process of restructuring, promoting reform and benefiting people's livelihood.
Extended data
The the State Council executive meeting pointed out that it is necessary to maintain a reasonable growth in the scale of monetary credit and social financing, intensify the "targeted cuts to required reserve ratios", appropriately reduce the bank reserve ratio in line with structural adjustment and market demand, and expand the scale of refinancing and special financial bonds to support small and micro enterprises.
The executive meeting of the State Council pointed out that while implementing the existing policies, we should deepen financial reform, adjust the structure, timely and moderately pre-adjust and fine-tune, and dredge the "vein" of financial services to the real economy.
It is necessary to reduce the cost of social financing, standardize interbank, trust, wealth management, entrusted loans and other businesses, clean up unnecessary "channels" and "bridges" of funds, and shorten the financing chain. It is also necessary to optimize the financing structure, adhere to support and control, and increase support for national key construction, enterprise transformation and service industry.
Baidu Encyclopedia-Directionally reduce the deposit reserve ratio