Visual China Map of the Shanghai Headquarters of the People’s Bank of China
The direction of Shanghai’s credit policy this year is clear.
On March 30, the Shanghai Headquarters of the People’s Bank of China announced that in accordance with the relevant work requirements of the Head Office of the People’s Bank of China and the Shanghai Municipal Party Committee and Municipal Government, the Shanghai Branch of the People’s Bank of China recently formulated and issued the “2022” The 2009 Shanghai Credit Policy Guidelines (hereinafter referred to as the “Guidelines”) guide financial institutions to focus on implementing the relief measures to help enterprises, further optimize the credit structure, and effectively enhance the ability of financial services to serve the real economy.
In the face of the epidemic prevention and control situation, the “Guidelines” emphasize that all financial institutions should actively assume the social responsibility of financial services, and effectively strengthen the anti-epidemic medical materials and residents’ living materials Production and supply enterprises and related logistics and transportation enterprises to ensure the strength of the capital needs. It is necessary to increase financial support for industries that are facing greater difficulties due to the continuous impact of the epidemic, comprehensively use various service methods such as seamless loan renewal, loan repayment on demand, credit loan, and supply chain finance, and implement online processing, free of charge Facilitation measures such as applying for instant sharing can effectively alleviate the financing difficulties of relevant market players. Financial institutions shall not blindly restrict, withdraw, cut off, or suppress loans to ensure the stable operation of the industrial chain and supply chain.
Recently, the Shanghai Banking and Insurance Regulatory Bureau and the Shanghai Local Financial Regulatory Bureau have successively issued documents to support epidemic prevention and control and economic and social development.
In addition, the “Guidelines” also focus on continuously improving the financial service capabilities of small, medium and micro enterprises, promoting a virtuous circle and healthy development of the real estate industry, and providing financial support for the development of key industries and key regions. , Continue to promote financial support for rural revitalization, strengthen financial support in important areas such as social and people’s livelihood and other key tasks, and put forward specific requirements.
The “Guidelines” propose that in 2022, financial institutions within the jurisdiction should continuously improve the inclusiveness and accuracy of small and micro financial services, and strive to improve the “dare to lend, willing to lend” , energy loan, meeting loan” mechanism, strengthen financial support for regions and industries that attract more new citizens. Continue to improve the efficiency of scientific and technological financial services, improve the level of financial services for the manufacturing industry, strengthen financial support for energy supply and green and low carbon, and increase financial support for major regional development strategies. Continue to serve the rural revitalization strategy well and better meet the financial needs of the people’s livelihood.
In the field of real estate finance, which has attracted much attention, the Guidelines propose that it is necessary to correctly understand and implement the prudent management system for real estate finance, provide financial services for real estate project mergers and acquisitions, and increase financial support for affordable housing. Help relieve the housing pressure of new citizens.