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per ai news, on september 29, the 2024 third quarter (106th overall) regular meeting of the monetary policy committee of the people's bank of china was held in beijing on september 25. the meeting pointed out that it is necessary to deepen the structural reform of the financial supply side and build a system and mechanism for finance to effectively support the real economy. guide large banks to play the main role of financial services in the real economy, promote small and medium-sized banks to focus on their main responsibilities and main businesses, support banks in replenishing capital, and jointly maintain the stable development of the financial market. we will do a good job in the five major articles of science and technology finance, green finance, inclusive finance, pension finance, and digital finance, continue to increase support for major strategies, key areas, and weak links, promote the accelerated development of new productive forces, and more targeted meet reasonable consumer financing needs. effectively implement various existing structural monetary policy tools, promote the implementation of new instruments such as swap facilities for securities, funds, and insurance companies, and stock repurchases, holdings, and re-lending, and maintain the stability of the capital market; promote technological innovation and technological transformation to the loan utilization process will increase financial support for large-scale equipment renewal and trade-in of consumer goods. accelerate the formation of a diversified relay financial service system covering the entire life cycle of technology-based enterprises to help build a technologically powerful country and achieve high-level technological self-reliance. adhere to and implement the "two unwavering principles", continue to provide financial services that support the development and growth of the private economy, and further clear up the financing congestion and stuck points for small, medium and micro enterprises. fully understand the new changes in the supply and demand relationship in the real estate market, comply with the people's new expectations for high-quality housing, strive to promote the implementation of financial policies and measures that have been introduced, support the revitalization of existing idle land, reduce existing mortgage interest rates, and promote the stable and healthy development of the real estate market. increase financial support for the "market + guarantee" housing supply system and promote the acceleration of the construction of a new model of real estate development. implement financial policies and measures to promote the healthy development of the platform economy. effectively promote high-level two-way opening up of finance and improve economic and financial management capabilities and risk prevention and control capabilities under opening conditions.

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