The 17-word phrase may seem ordinary, but it demonstrates the central bank's determination to play a role in promoting the smooth operation of the real estate market. Let's take a deeper look at the implications:
first
This marks the official intervention of the central bank in the front line of real estate regulation, and the Ministry of Housing and Urban-Rural Development has shouldered the important task of formulating and adjusting policies. This will help all departments to form a joint force, exert a synergistic effect, and prescribe the right medicine to treat the property market diseases.
second
The involvement of central banks also means that regulatory policies will focus more on the use of financial instruments and leverage. Measures such as targeted interest rate cuts and expanding the scope of high-quality mortgage loans can bring about an immediate and significant market response. This is more flexible and efficient than relying on administrative means.
third
This marks the escalation of concerns about the operation of the real estate market at the national level, and the introduction of policies is both emergency and strategic. According to the Internet discussion, China has a mountain of trillions of dollars in foreign exchange reserves, and there will definitely be no major problems with real estate.
fourth
The central bank's intervention also indicates that the follow-up policy will pay more attention to the security of the financial system and strictly prevent a chain reaction with too large a contagion. This forms a triple guarantee for banks, real estate companies and home buyers, and is expected to rebuild market confidence.
Improving economic fundamentals and the business environment is the fundamental solution to the problem. It is expected that all parties will continue to work hard to make the mainland real estate market stable and long-term.