Datasets:
gtfintechlab
/
peoples_bank_of_china

Dataset card Data Studio Files
xet
Community
sentences
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999
with the mechanism for market-oriented adjustments of deposit rates playing an important role and the loan prime rate (lpr) reform continuously unleashing its potential and offering guidance, the financing costs for businesses and the credit costs for personal consumption are expected to remain stable with a slight decline.
dovish
not forward looking
certain
2,023
829
the pboc will improve the market-oriented interest rate formation and transmission mechanism and optimize the central bank policy rate system.
dovish
forward looking
certain
2,023
927
it was stressed at the meeting that the creditstructure should be further adjusted to prevent credit flow to low-efficientand duplicated construction projects, and that coordinated development of themoney market, capital market and insurance market should be push forward.
hawkish
forward looking
certain
2,003
550
in doing so, banking institutions will work together to safeguard the stability of the financial market, hence contributing to the development of a modern financial system that is highly adaptable, competitive, and inclusive.
irrelevant
forward looking
certain
2,022
455
it was emphasized that commercial banks should makeefforts to prevent new credit risks, further improve loan structure, strengthenliquidity management, and steadily promote various reforms, includingstrengthening internal control mechanism and corporate governance.
irrelevant
not forward looking
certain
2,003
766
more work will be done to promote the well-regulated and healthy development of the financial businesses of platform enterprises and strengthen the normalized regulation on their financial activities.
dovish
forward looking
certain
2,023
574
the structural monetary policy tools are expected to play more roles and become better targeted.
neutral
forward looking
certain
2,021
421
it was agreed that since the beginning of 2021, china has coordinated pandemic containment and economic and social development, effectively implemented macroeconomic policies, and thus maintained a leading position worldwide in economic development and pandemic containment.
neutral
not forward looking
certain
2,021
691
the chinese economy still faces many uncertainties.
neutral
not forward looking
uncertain
2,019
690
atend-november, balance of broad money (m2) reached rmb21.6 trillion yuan,representing a year-on-year increase of 20.4 percent, and new loans of allfinancial institutions registered rmb2.87 trillion yuan, an acceleration ofrmb1.23 trillion yuan on year-on-year basis.
neutral
not forward looking
certain
2,003
650
it was pointed out at the meeting that as the overseas pandemic situations and the world economy remain severe and complex, efforts should be made to enhance the research and analysis of the international economic situations, strengthen the coordination of international macroeconomic policies, concentrate on doing our own affairs well, improve cross-cyclical policy designs and adjustments, and support high-quality economic development.
dovish
forward looking
uncertain
2,020
890
measures will also be taken to further expand the two-way opening-up of the financial sector at a high level, and improve economic and financial oversight and risk management capability in an open economy.
dovish
forward looking
certain
2,020
954
in discussing monetary policy stance and policymeasures to be adopted in the coming period, the committee consented that thesound monetary policy should be continued, and efforts should be made topromote the financial policy become more forward-looking, scientific andeffective.
neutral
forward looking
certain
2,005
585
the sound monetary policy has maintained its continuity, consistency, and sustainability to guide market expectations in a scientific way，to make great efforts to serve the real economy and to prevent and manage financial risks effectively.
dovish
not forward looking
certain
2,021
519
generally speaking, the financial industry remained in stable operation and the growth of money and credit was basically kept commensurate with the speed of economic development.
neutral
not forward looking
certain
2,002
520
themeeting also encouraged commercial banks to strengthen credit support to agriculture,small and medium-sized enterprises, consumption and employment.
dovish
forward looking
certain
2,003
10
participants analyzed the domestic and international economic and financial situations.
irrelevant
not forward looking
certain
2,019
206
in the meantime, efforts will be made to integrate reform measures into macroeconomic regulation, and enhance the efficiency of financial sector operation and its ability to serve the real economy.
dovish
forward looking
certain
2,013
819
market supply and demand of foreign exchange should be allowed toplay a greater role in the process of increasing rmb exchange rate flexibility,with a view to keeping the rmb exchange rate basically stable at an adaptiveand equilibrium level.
dovish
forward looking
certain
2,008
753
specifically, the pbc will fully utilize the rmb300 billion new quota of central bank lending for micro and small businesses (msbs), support the growth of loans granted to msbs and self-employed businesses, continue the policy of deferred repayments on inclusive msb loans and of the support plan for inclusive unsecured msb loans, and introduce comprehensive policies to support coordinated regional development.
dovish
forward looking
certain
2,021
491
renminbi exchange rate formation system should be further improved,with the exchange rate maintained basically stable at an adaptive andequilibrium level to promote the balance of international payments.
neutral
forward looking
uncertain
2,005
543
while providing guidance to ensure a rational growth of money andcredit on the aggregate level, measures should be applied to strengthen policycoordination between the local and foreign currencies, enhance liquiditymanagement of the banking system and apply a mix of monetary policy instrumentsto maintain basic stability of the price level.
dovish
forward looking
certain
2,007
666
after analyzingcurrent economic and financial situation both at home and abroad and discussingthe possible impact of the international financial turmoil on china’s economicand financial development, the committee held that, as the us sub-primemortgage crisis had caused drastic fluctuations in the global financial marketand spilled over into financial institutions and even the real economy, theoutlook of the global economy was unfavorable, and proper measures should betaken accordingly.
hawkish
forward looking
certain
2,008
308
furthermore, inflationary pressures are also building up andasset prices are rising persistently.
hawkish
not forward looking
certain
2,007
171
in general, the chinese economy and financialsector performed well.
neutral
not forward looking
certain
2,008
45
instead, jiang jianqing, shang fulin and li yang will join the committee as new members.
irrelevant
not forward looking
certain
2,002
699
the monetary policy committee of the people's bank of china (pbc) held its first quarterly meeting of 2009 in beijing days ago.
irrelevant
not forward looking
certain
2,009
139
the overallperformance of financial sector has remained sound.
neutral
not forward looking
certain
2,007
216
it was agreed that the continuity and stability of the macro-economicpolicies should be maintained to strengthen the scientific, forward-looking andefficient approach to macro-economic management.
neutral
forward looking
certain
2,003
366
measures will also be taken to further expand the two-way opening-up of the financial sector at the high level, and improve economic and financial oversight and risk control capability in an open economy.
dovish
forward looking
certain
2,020
176
it was forecast that increased loans of all financial institutions would reach rmb1.6-1.7 trillion yuan with broad money (m2) growing by 16%-17% in 2002.
hawkish
forward looking
certain
2,002
920
it was held at the meeting that the regulation of monetary policies should be more intense and more targeted.
hawkish
forward looking
certain
2,024
258
the committee conducted in-depth analysis of thecurrent economic and price development, agreeing that some of the macroeconomicmanagement measures taken since last year have already produced preliminarypositive results, but certain problems emerged in the process of economicoperation are yet to be resolved.
neutral
not forward looking
uncertain
2,004
49
it was agreed in the meeting that, despite variousdifficulties, the chinese economy had maintained sustained rapid growthmomentum this year.
hawkish
forward looking
certain
2,003
433
meanwhile, efforts shall be made to advance financial reform andinnovation, foster a multi-layered financial market system, and enhance the competitivenessof financial institutions and resource allocation efficiency of financialmarket.
dovish
forward looking
certain
2,007
930
the committeediscussed monetary policy stance and relevant measures in the period ahead andagreed to continue the sound monetary policy and strengthen policy coordinationbetween domestic and foreign currencies and banking liquidity management inorder to enhance the forward-looking and scientific approach and effectivenessof monetary policy and maintain price stability.
neutral
forward looking
certain
2,006
946
it was pointed out at the meeting that the external environment is becoming increasingly complex amid the worldwide sluggish economic growth, elevated inflation, and persistent geopolitical conflicts.
hawkish
not forward looking
certain
2,022
344
generally speaking, the financial industry has beenoperating sound, and the new rmb exchange rate regime has been workingsmoothly, with the rmb exchange rate maintained basically stable at an adaptiveand equilibrium level.
neutral
not forward looking
certain
2,006
936
after analyzing the economic and financial situation, the committeeheld that the chinese economy maintained a sound and rapid developmentmomentum, but the inflationary pressure was noticeable and the bop imbalancesstill remained despite the generally upbeat situation.
neutral
not forward looking
certain
2,008
824
we will improve consumer financial services with respect to commodities and social services, and proceed with greater financial support for enterprises to stabilize and expand employment, as well as for targeted groups to start businesses and seek employment.
dovish
forward looking
certain
2,023
741
it will make continued efforts to ensure stability on six fronts and maintain security in six areas.
neutral
forward looking
certain
2,022
999
it was emphasized at the meeting that it was necessary to follow the latest domestic and international economic and financial developments and their impacts, continue the implementation of a prudent monetary policy, maintain policy stability and consistency, make macro-management policies better-targeted, more flexible and forward-looking, properly handle the intensity, pace and focus of policy implementation, conduct fine-tunings and take preemptive measures in a timely manner in view of changing situations, strike a balance among stable and relatively fast economic growth, economic structural adjustment and inflation expectation management, and strengthen systemic risk prevention.
neutral
forward looking
certain
2,011
855
it will take steps to put in place the support instrument for carbon emission reduction, and promote the green finance system for peaking carbon dioxide emissions and achieving carbon neutrality.
dovish
forward looking
certain
2,021
751
the committeeconducted in-depth analysis of the factors pushing up prices and the impact ofthe sleet and snow disaster on economic growth, pointed out that prevention ofexcessive increase of general price should become the focus of financial macrocontrol, and a mix of measures ranging from increasing supply and stabilizingexpectations should be taken.
hawkish
forward looking
certain
2,008
124
the pboc will guide large-sized banks to shift the focus of their services to communities, encourage small and medium-sized banks to focus on their main duties and major businesses, and give more support to banks in capital replenishment.
dovish
forward looking
certain
2,023
242
the pboc will effectively advance the high-level two-way opening-up of the financial sector, and enhance the capacity for economic and financial oversight as well as risk management in an open economy.
dovish
forward looking
certain
2,024
161
it will also step up financial support for large-scale equipment renewal and trade-in of consumer goods.
dovish
forward looking
certain
2,024
42
the pbc will also strive to remove obstructions in monetary policy transmission, continue to release the potential of the reform to drive down lending rates, encourage financial institutions to enhance support for the real economy, especially for msbs and private enterprises, and increase the proportion of msb loans, credit loans and loans to the manufacturing sector.
dovish
forward looking
certain
2,020
621
the pbc will properly manage the timing, intensity and effectiveness of the monetary policy, so as to keep liquidity adequate at a reasonable level, keep the growth of money supply and aggregate financing to the real economy (afre) generally in line with nominal gdp growth, and maintain a basically stable macro leverage ratio.
neutral
forward looking
certain
2,021
524
the mechanism for the coordination and transmission of fiscal, monetary and employment policies should be improved to counter the impact of the outbreak on economic growth.
dovish
forward looking
certain
2,020
212
the committee also agreed to keep the rmb interestrates basically stable while pushing ahead the market-based interest ratereform.
neutral
not forward looking
certain
2,004
718
however, the overall situation remains complex, with both positive and negative factors.
neutral
forward looking
uncertain
2,014
262
efforts will be made to adjust the economic structure andtransform economic growth pattern, promote a basic balance under the bop andachieve sound and fast economic development.
dovish
forward looking
certain
2,006
91
efforts will be made to promote the market-based reform of interest rates and to further improve the rmb exchange rate regime, to enhance flexibility of fluctuation in both directions and to keep the rmb exchange rate basically stable at an adaptive and equilibrium level.
dovish
forward looking
certain
2,012
813
efforts should be made to maintain adequate liquidity in the banking system and to promote the stable money and credit growth.
dovish
forward looking
certain
2,008
401
however, the downward pressure on the economy is mounting, and the spread of covid-19 outside china has not only exerted adverse impact on the world economy, but also posed new challenges to china’s pandemic control and economic growth.
dovish
not forward looking
uncertain
2,020
761
in the next quarter, the pbc will follow the state council´s decisions on macroeconomic management, continue the relatively easy monetary policy, and maintain policy continuity and stability.
dovish
forward looking
certain
2,009
579
they were of the view that china’s real economy and financial sector in general maintained a steady growth momentum, prices were stable but the future trend was uncertain, and the global economy showed signs of improvement but still faced complex situations.
neutral
not forward looking
uncertain
2,013
991
the committee suggested that guided by the scientificdevelopment approach, measures should be taken to strengthen macro-management,maintain continuity and stability of various macro economic policies, boostdomestic demand, control investment growth at a reasonable level and improveinvestment structure.
dovish
forward looking
certain
2,006
13
the macro leverage ratio remains basically stable, financial risks have been effectively controlled, and continued achievements have been made in improving the quality and efficiency of the financial sector serving the real economy.
neutral
not forward looking
certain
2,019
583
the share of direct financing needs to be increased gradually and efforts should be made to further improve financing structure of the enterprises and convert more savings into investment.
dovish
forward looking
certain
2,002
458
efforts should be made to thoroughly implement the scientific outlook on development and, with a view to expanding domestic demand, to accelerate the shift of development strategy and economic restructuring.the coordination of monetary policy with fiscal policy, industrial policy, foreign trade policy and financial regulatory policy should be strengthened to maintain stable and relatively rapid economic growth.
dovish
forward looking
certain
2,008
966
financial services with respect to consumer commodities and social services will be improved.
dovish
forward looking
certain
2,022
673
the committee heldthat, performance of the national economy featured relative fast growth,enhanced efficiency and low inflation in 2006.
dovish
not forward looking
certain
2,006
73
the real economy and financial sector both have made good progress in structural adjustments, yet deep-seated problems and critical contradictions still persist and the international economic and financial situtaion has become more complex.
neutral
not forward looking
certain
2,018
508
the pbc will enhance judgment and analysis of domestic and international economic situations, while strengthening coordination of international macroeconomic policies.
neutral
forward looking
certain
2,021
592
the financial supply-side structural reform will be deepened to guide large-sized banks to increase the availability of financial services at the community level and encourage small and medium-sized banks to focus on their major businesses and responsibilities, advancing a modern financial system featuring great adaptability, competitiveness and inclusiveness.
dovish
forward looking
certain
2,020
938
on december 26, the monetary policy committee of the people’s bank of china (pbc) holds the fourth regular quarterly meeting in 2018 (its 83rd meetings) in beijing.
irrelevant
not forward looking
certain
2,018
581
ma jiantang was on business leave.
irrelevant
not forward looking
certain
2,013
528
it wasagreed that the good momentum of economic and financial development should bemaintained.
dovish
forward looking
certain
2,003
202
the pbc will guide financial institutions to increase the issuance of medium and long-term (mlt) loans to the manufacturing sector, strive to make financial support for private enterprises commensurate with the latter’s contribution to economic and social development, and improve the green finance system with an aim to having carbon dioxide emissions peak before 2030 and achieving carbon neutrality before 2060.
dovish
forward looking
certain
2,020
232
a mix of monetary policy tools will be used in a flexible way to keep liquidity reasonably adequate.
neutral
forward looking
certain
2,019
777
it was agreed that since the beginning of this year, continued efforts in coordinating pandemic containment and economic and social development as well as the effective implementation of macro policies have bolstered the sustained recovery of the national economy in general.
dovish
not forward looking
certain
2,021
138
the committee called for advancedanalysis of the reasons and rationales behind the rapid increase of consumerand asset prices level by specifically identifying the roles of aggregatefactors, structural factors, international transmission and revaluation in sucha process so that relevant responses could be prepared.
neutral
forward looking
certain
2,007
477
it was noted that though china’s economic development was confronted with difficulties and challenges from home and abroad, the fundamentals and the long-term trend of the economy remained unchanged.
neutral
forward looking
certain
2,008
54
on june 24, the monetary policy committee of the people’s bank of china (pbc) held the second quarterly meeting in 2020 (its 89th meeting) in beijing.
irrelevant
not forward looking
certain
2,020
24
overall speaking,the strong growth momentum of money supply and loans had been reined in, andthe macro financial control measures had produced expected result.
hawkish
not forward looking
certain
2,004
427
the supply-side structural reform of the financial sector will be deepened to guide large-sized banks to increase the availability of financial services at the community level and encourage small and medium-sized banks to focus on their primary responsibilities and businesses.
dovish
forward looking
certain
2,021
774
the pbc will further deepen market-based reform of interest rates, advance the transition of the pricing benchmark of outstanding floating-rate loans to loan prime rate (lpr) in an orderly manner, and keep the rmb exchange rate basically stable at an adaptive and equilibrium level.
hawkish
forward looking
certain
2,020
925
the committee made an in-depth review ofcurrent economic and financial developments.
irrelevant
not forward looking
certain
2,004
107
the pboc will deepen the market-oriented reform of exchange rates to enhance the flexibility of the rmb exchange rate, guide enterprises and financial institutions to be risk-neutral, and improve their expectation management, so as to keep the rmb exchange rate basically stable at an adaptive and equilibrium level.
dovish
forward looking
certain
2,023
297
the committee called for strengthening of macroeconomicmanagement to ensure a continuously steady development of the chinese economyas well as a basic stability of the price level.
dovish
forward looking
certain
2,006
143
in discussing monetary policy stance and policy measures to be adopted in the coming period,the committee consented that sound monetary policy should be continued.
neutral
forward looking
certain
2,005
153
the pboc will work to ensure delivery of presold housing projects and safeguard stability as well as people’s livelihood, promote the healthy and stable development of the real estate market, and accelerate to improve the financial policy system for housing rental, so as to facilitate the establishment of a new development model for the real estate sector.
dovish
forward looking
certain
2,023
759
the sound monetary policy responds to the need for forward-looking and targeted regulation and countercyclical adjustments.
dovish
forward looking
certain
2,020
640
liquidity of thefinancial system shall be managed in a timely and appropriate manner.
neutral
forward looking
certain
2,004
818
it is agreed at the meeting that the pbc will continue to closely monitor new developments in the economic and financial situation and environment both at home and abroad, attach great importance to counter-cyclical adjustments, make forward looking judgments on the situation and take pre-emptive adjustment and fine tuning measures when necessary.
neutral
forward looking
certain
2,018
20
the monetary policy committee of the people's bank of china (pbc) held its 4th quarterly meeting of 2002 in beijing days ago.
irrelevant
not forward looking
certain
2,002
548
it was emphasized that underlying financial risks inreal estate development and low-efficient duplicated constructions brought byrapid credit growth should be closely monitored and prevented with credit riskearly-warning and surveillance arrangement to be strengthened.
hawkish
forward looking
certain
2,003
284
a mix of monetary policy tools will be leveraged to keep the money and credit aggregates and the all-system financing aggregates at reasonable volumes.
dovish
forward looking
certain
2,012
638
the domestic economy is showing a recovery trend, but the foundation for recovery is not yet solid.
neutral
forward looking
uncertain
2,023
394
weighing monetarypolicy stance and measures for the coming periods, the committee holds the viewthat the sound monetary policy should be continued while efforts need to bemade to improve the preemptive and fine-tuning actions and the forward-lookingapproach in the making of monetary policy.
dovish
forward looking
certain
2,006
425
remaining flexible and appropriate, the sound monetary policy will be more forward-looking, better targeted, and more independent, with monetary policy tools playing their roles in adjusting both the aggregate and the structure.
dovish
forward looking
certain
2,021
347
the committee concluded that,the macro-economic control has achieved preliminary results and variousadjustment measures would continue to take effect.
neutral
forward looking
certain
2,007
57
it will optimize consumer financial services in the areas of bulk consumer goods and social services, and continue to enhance financial support for enterprises to retain and recruit employees and for key groups of population to seek jobs or start businesses.
dovish
forward looking
certain
2,023
182
it was emphasized at the meeting that the pbc will follow the guidance of xi jinping’s thought on socialism with chinese characteristics for a new era, earnestly implement the guidelines of the fourth plenary session of the 19th cpc central committee, the central economic work conference and the report on the work of the government, continue acting in accordance with the decisions and arrangements made by the cpc central committee and the state council, stick to the goal of building a moderately prosperous society in all respects, and better coordinate routine pandemic containment efforts with economic and social development.
neutral
not forward looking
certain
2,020
974
at end-june of 2002, broad money (m2) reached rmb17 trillion yuan, up 14.7%.
neutral
not forward looking
certain
2,002
757
it was pointed out at the meeting that the external environment is becoming more complex amid uncertainties as covid-19 persists overseas and geopolitical conflicts escalate.
neutral
not forward looking
certain
2,022
183
the role of direct financing will be further tapped to meet the diverse demand for investment and funding, and to promote sound development of the financial markets.
dovish
forward looking
certain
2,012
319
it will ensure that the mechanism for market-oriented adjustments of deposit rates will play an important role.
neutral
forward looking
certain
2,022
835