The small poverty alleviation loan in the village, borrowing 30 thousand yuan from the bank to the government, is the working capital to pay taxes. According to relevant information, the meaning used by the government is wrong. Poverty alleviation loan is a policy loan business undertaken by relevant domestic financial institutions. It is an important part of poverty alleviation and development in China. There are two main forms of distribution: one is small poverty alleviation loans to households. The other is poverty alleviation loans and infrastructure construction for leading enterprises.
In what way should commercial banks issue loans to government land reserve institutions?
Mortgage guarantee. Commercial banks should issue loans to government land reserve institutions in the form of mortgage guarantee according to the relevant information of loan inquiry. Loan means that banks, credit cooperatives and other institutions issue loans to units or individuals who use money, and agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development.
Is it reliable to lend money to the government for financing?
Reliable. For organizers, the financing channels of the project include domestic government's linked capital, private sector lending institutions, export credit, development banks and insurance institutions, international financial institutions and project customers. Government financing is a variety of sources of project financing.
1. The host company undertakes all the financing of the project. If the company's own funds are limited, it must first obtain the support of domestic funds. Government financing includes domestic government financing and domestic bank financing. Part of China's fiscal revenue was used to expand investment in reproduction, and the government financing was changed from the past free allocation to loans, which enhanced the organizers' awareness of funds and risks.
2. In fact, the finance of many western countries also provides funds for the construction of large-scale projects, such as railways, mines, airports and large enterprise projects. 0 Germany 100% of posts and telecommunications and railways, 95% of ports and power supply projects, highways, river transportation and aluminum smelting, the state has given great financial support. In developing countries, due to limited fiscal revenue, some large-scale projects financed by the government are short of funds, and most of the funds have to be financed from the international market. The proportion of government financing can be as high as 3/4, and its own funds only account for a small part, but this part has also become an important supplementary fund for the project sponsors and a part of the government's hope for paid loans.
From the perspective of capital demand:
1, the government financing platform is naturally similar to Ponzi scheme, which can only be maintained by continuous lending and cannot afford to reduce exposure.
2. Since Circular No.43, the overall control of bank trust on government financing platform credit is relatively strict, so it is not so easy for the government to borrow money directly from banks.
3. A large number of prefecture-level cities and most counties with average economic strength do not have the ability to replace the liabilities of financial institutions through national debt for the time being.
Summary: The government (especially the county-level government with general economy) still has a strong financing demand.
From the perspective of capital supply:
1, the economy is depressed, and the manufacturing industry (especially private enterprises) is in a state of tight cash flow. Many manufacturing leased assets in the hands of leasing companies are rising after the deadline, and the non-performing rate is rising.
The economic situation is so bad that banks lend in succession. Leasing companies do not want to be long-term debt supporters, and they have stopped lending to manufacturing and private enterprises, making it difficult to continue new business.
3. After the leasing company's surviving business expires one after another, the company's total assets decrease, normal assets decrease sharply, the proportion of remaining concern and non-performing assets increases, and the capital adequacy ratio decreases, which not only affects the bond issuance rating, but also affects the company's long-term development.
Can the People's Bank of China issue loans to the government?
You can't. The goal of the monetary policy of the People's Bank of China is to ensure the stability of the currency. If the People's Bank of China issues loans to the government, the government will have no other income except fiscal revenue. The government can't repay bank loans by increasing taxes, but can only use government power to suppress banks from hedging loans with excess currency, which leads to currency depreciation and inflation. In order to keep the currency stable, the People's Bank of China stipulates that the People's Bank of China cannot provide loans to the government and government departments. Law of the People's Republic of China on the People's Bank of China Article 30 The People's Bank of China shall not provide loans to local governments and government departments at all levels, and shall not provide loans to non-bank financial institutions and other units and individuals, unless the State Council decides that the People's Bank of China may provide loans to specific non-bank financial institutions. The People's Bank of China shall not provide guarantee to any unit or individual. The People's Bank of China does not provide personal savings services.
China People's Bank was formed by the merger of North China Bank, Beihai Bank and Northwest Farmers Bank on June 1 948+February1. 1983 In September, the State Council decided that the People's Bank of China should exercise the functions of the national central bank exclusively. 1995 March 18, the third session of the Eighth National People's Congress passed the Law of the People's Republic of China on the People's Bank of China. So far, the People's Bank of China has been legally established as the central bank.
According to the provisions of the State Council's institutional reform plan deliberated and adopted by the Tenth National People's Congress, the supervision function of the People's Bank of China on banks, financial asset management companies, trust and investment companies and other deposit-taking financial institutions was separated and integrated with the relevant functions of the Central Financial Working Committee, and the China Banking Regulatory Commission was established.
With the continuous improvement of the socialist market economic system, the People's Bank of China, as the central bank, will play a more prominent role in the macro-control system. According to the Law of the People's Republic of China on the People's Bank of China revised by the Sixth Session of the Standing Committee of the Tenth NPC on February 27th, 2003, the main duties of the People's Bank of China are:
(1) Drafting relevant laws and administrative regulations; Improve the operating procedures of relevant financial institutions; Issue orders and regulations related to the performance of duties.
(2) Formulating and implementing monetary policies according to law.
(3) Supervise and manage the interbank borrowing market, the interbank bond market, the foreign exchange market and the gold market.
(4) Preventing and defusing systemic financial risks and maintaining national financial stability.
(five) to determine the RMB exchange rate policy; Maintain a reasonable RMB exchange rate level; Implement foreign exchange management; Hold, manage and operate the national foreign exchange reserves and gold reserves.
(6) Issuing RMB and managing the circulation of RMB.
(7) Managing the national treasury.
(eight) in conjunction with the relevant departments to formulate payment and settlement rules to maintain the normal operation of the payment and settlement system.
(nine) to formulate and organize the implementation of the comprehensive statistical system of the financial industry, and to be responsible for data collection and macroeconomic analysis and forecast.
(ten) to organize and coordinate the national counter-measures, guide the deployment of financial counter-measures, and assume the responsibility of monitoring the funds for counter-measures.
(eleven) to manage the credit industry and promote the construction of social credit system.
(twelve) as the central bank of the country, engaged in relevant international financial activities.
(thirteen) engaged in financial business activities in accordance with the relevant provisions.
(fourteen) to undertake other tasks assigned by the State Council.