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The Beijing Branch of the People's Bank of China has arranged work for the second half of the year: supporting the stable and healthy development of the real estate market

2024-08-08

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Beijing Business Daily (Reporter Yue Pinyu Dong Hanxuan) On August 8, according to the People's Bank of China Beijing Branch, the People's Bank of China Beijing Branch recently held a work meeting for the second half of 2024 to convey, study and implement the spirit of the People's Bank of China's work meeting in the second half of 2024, the foreign exchange management work exchange meeting and the Beijing half-year work meeting, summarize the branch's main work in the first half of 2024, analyze the economic and financial situation, and study and arrange work in the second half of the year.

The meeting stressed that in the second half of the year, we should improve the macro-prudential management framework and financial risk prevention and disposal system, and continue to improve the macro-prudential management in Beijing. We should do a good job in risk disposal of key institutions. We should improve the financial risk monitoring, early warning and disposal mechanism within the jurisdiction, so as to achieve early identification, early warning, early exposure and early disposal. We should support the stable and healthy development of the real estate market.

In addition, we will deepen reform and opening up in the foreign exchange sector and push the construction of the "two districts" to a higher level. We will steadily and prudently promote the cross-border use of RMB. We will coordinate and strengthen supervision and risk prevention in the foreign exchange sector.

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