Ministry of Finance: Support the gradual increase in the trading of government bonds in the central bank's open market operations

On April 23rd, the theoretical study center group of the Party Group of the Ministry of Finance published an article in the People's Daily on the 23rd, pointing out that the macro orientation, the current active fiscal policy should be coordinated with the prudent monetary policy, and the "combination fist" of counter-cyclical and cross-cyclical adjustment should be played well, so as to form a joint force in expanding investment, promoting consumption, and stabilizing exports. In the middle view mechanism, it is necessary to strengthen the coordination and cooperation of fiscal and monetary policies and financial reform, improve the basic money delivery and money supply control mechanism, support the gradual increase in the purchase and sale of government bonds in the open market operation of the central bank, and enrich the monetary policy toolbox. Study the expansion of the variety and scale of government bond over-the-counter sales. Improve the long-term mechanism for the issuance of overseas sovereign bonds. Deepen the reform of interest rate marketization, smooth the interest rate transmission mechanism,