The role of innovative monetary policy tools in accurate decision-making

The role of innovative monetary policy tools in accurate decision-making means that the People's Bank of China maintains a reasonable and sufficient liquidity by comprehensively applying and innovating various monetary policy tools, effectively exerts the precise drip irrigation function of structural monetary policy tools, improves the "directness" of policies, and supports the high-quality development of the real economy. Function is embodied in the following aspects:

1, support epidemic prevention and control and return to work.

2. Reduce the financing cost of enterprises.

3. Guide the service center of financial institutions to sink.