社会融资总量与金融宏观调控新目标

The Total Amount of Social Financing and the New Target of Financial Macro-control

社会融资总量是一定时期内实体经济从金融体系获得的全部资金总额,是反映金融业对实体经济资金支持的总量指标。目前,中国人民银行已经启动了对社会融资总量的统计监测工作,并致力于将其作为货币政策新的中介目标。社会融资总量包括信贷融资、证券融资、保险融资、其他融资等多种形式。加强对社会融资总量的统计、监测和调控,能够全面反映整个社会的流动性状况,有利于推进宏观审慎管理。

The total amount of social financing is the total sum of capital that the real economy acquires from financial system in a certain period of time. It is the indicator reflecting capital support of financial industry to the real economy. At present, the People＇s Bank of China has already launched the statistics and monitoring of the total amount of social financing, and is dedicated to make it a new intermediary target of monetary policy. The total amount of social financing includes credit financing, securities financing, insurance and other financing forms. By strengthening the statistics, monitoring and control of the total amount of social financing, it can fully reflect the liquidity condition of the entire society, so as to promote prudent macroeconomic management.