165438+1On October 25th, the People's Bank of China released the Financial Stability Report of China (20 19). According to the report, since 20 18, the external challenges faced by China's economic and financial development have obviously increased. Affected by multiple internal and external factors, some deep-seated contradictions accumulated in the long-term economy are gradually exposed, financial risks are prone to occur frequently, and the difficulties faced by economic growth are increasing.

Viewpoint Real Estate New Media learned that the report mentioned that in the past year, under the unified command and coordination of the State Council Financial Stability and Development Committee, the People's Bank of China worked with relevant departments to formulate policies for different risks. Effectively guaranteed the smooth operation of financial markets and financial institutions.

In 20 18, the growth rate of national real estate sales continued to slow down, and the price increase in hot cities fell back. In 20 18, the cumulative sales of commercial housing in China was171700 million square meters, up1.3% year-on-year; Among them, residential sales were 65.438+47.9 million square meters, up 2.2% year-on-year. In 20 18, the cumulative sales of commercial housing nationwide was 15 trillion yuan, up 12.2% year-on-year, down 1.5 percentage points from the previous year.

At the same time, the growth rate of real estate loans is generally stable, and the growth rate of personal housing loans has declined. By the end of 20 18, the national real estate loan balance was 38.7 trillion yuan, up 20% year-on-year. Among them, the balance of real estate development loans 10. 19 trillion yuan, up 22.6% year-on-year, and the growth rate was 5.5 percentage points higher than that of the previous year; Housing development loans amounted to 7.33 trillion yuan, a year-on-year increase of 3 1.9%.

The report pointed out that, on the whole, China's financial risks gradually shifted from the rapid accumulation in previous years to the slow release at a high level, the exposed financial risks were being disposed of in an orderly manner, the financial market was running smoothly, and the financial supervision system was further improved, keeping the bottom line of no systematic financial risks.

In addition, the sources and risk points of global economic and financial turmoil in the future are still increasing, and the downward pressure on the domestic economy is increasing, making it difficult to eliminate potential risks in a short time. However, China's economic resilience is still strong, the household savings rate is high, the micro-foundation is full of vitality, important financial institutions operate stably, macro-policy tools are sufficient, the supervision system and mechanism are sound, and the experience in preventing and defusing risks is rich.