The Guangdong Monetary Policy Joint Meeting and the Guangdong Market Interest Rate Pricing Self-discipline Mechanism Meeting were held.
According to the Guangdong branch of the People's Bank of China, the Guangdong Monetary Policy Joint Meeting and the Guangdong Market Interest Rate Pricing Self-Regulation Mechanism Meeting were held in Guangzhou on February 6th. The meeting emphasized that financial institutions should thoroughly analyze the changes in the situation, closely follow policy guidelines, and provide a more suitable financial environment for the opening and good start of Guangdong's economy this year. It is necessary to strengthen self-discipline, ensure the smooth implementation and transmission of interest rate policies; increase support, fully meet the financing needs of the real economy; optimize structures, make good use of stock and incremental structural monetary policy tools; strengthen coordination, and enhance the synergy to support the high-quality development of the economy. The meeting reviewed and approved the "Guidelines for Regulating Unfair Competition Practices in the Guangdong Market Interest Rate Pricing Self-Regulation Mechanism".
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