world of tanks power leveling the people's Bank will further play a role - ASE

⊙ This newspaper reported the two associations group 0 edit Heng road, celebration of national people's Congress, the people's Bank of China Treasury Secretary Liu Guisheng said recently in an interview with the media, the next step will further improve local government financing by the Central Bank, strengthen coordination, closely track and monitor banks ' capital investment and financing platform of the new situation and new characteristics, as well as local governmentDebt and development, strengthening the commercial bank credit risk early warning prompt. Liu Guisheng said the debt of local governments for local economic and social development, in response to the Asian financial crisis and has played an active role of the international financial crisis. Relevant departments attach great importance to management of local government debt, after clean up the specification, strengthen the banking institutions on financing companyCredit management.　　In General, relative to our financial strength, overall security world of tanks power leveling, risk-controlled local debt, does not trigger a systemic financial risks. It is understood that the people's Bank attaches great importance to local government financing of debt management world of tanks power leveling, follow the "classification management, treated differently, progressively solving the" principle, submit classified stock debt, market-oriented constraintEstablishing standard transparent local government debt financing mechanisms under the system. At the same time, to keep track of local government debt risk prevention, established the people's Bank quarterly survey on monitoring system of local government financing loans, together with the Ministry of finance and other departments have introduced a series of policy measures, actively participate in financing platform code for cleaning work, urged to do a platform of debt dataMatching and incremental work. Introduction of Liu Guisheng, the next step wot power leveling, the people's Bank will further play a role, do the work of local government financing. Is a mix such as the Ministry of local government financing of further clean up the specification work. Second, strengthening sectoral coordination, closely track and monitor banks ' capital investment and financing platform of the new situation and new characteristics, as well as localGovernment debt and development trends, strengthen commercial banks credit risk early warning prompt. Three are guiding norms of commercial bank credit management, strengthening of local government debt risk identification and risk management, adhere to the standard credit approval process, ensuring that loans in line with national planning and industrial development policy. Four were explored and suited to the Socialist market economy system, management, operationEfficient local government debt financing mechanisms.