The Research on the Medium-term Lending Facility of PBOC

DOI

10.2991/aebmr.k.210917.039How to use a DOI?

Keywords

MLF, Monetary Policy, China’s Economy, People’s Bank of China

Abstract

At present, China’s economy is facing a stage of reform, in which the changes in the social financing structure are the most significant. In order to improve the liquidity and stability of traditional monetary policy, the People’s Bank of China has proposed the Medium-term Lending Facility. The research of this article combs and analyzes the monetary policy of Medium-term Lending facility. The reasons for its occurrence, its characteristics, as well as its influence are introduced in detail, and data analysis is used to prove it. At the end, the article also put forward suggestions for future development changes.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zicheng Zhao
AU  - Jie Lin
AU  - Bolin Wang
AU  - Zihao Qiu
PY  - 2021
DA  - 2021/09/18
TI  - The Research on the Medium-term Lending Facility of PBOC
BT  - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)
PB  - Atlantis Press
SP  - 241
EP  - 247
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210917.039
DO  - 10.2991/aebmr.k.210917.039
ID  - Zhao2021
ER  -