[PBoC Deputy Governor Zou Lan: The People’s Bank of China will comply with the changing trend of the economic and financial structure and promote the gradual transformation and optimization of the monetary policy framework] November 3, this morning, Zou Lan, deputy governor of the Central Bank, said at the Hong Kong International Financial Leaders Investment Summit that the People’s Bank of China will comply with the changing trend of the economic and financial structure and promote the gradual transformation and optimization of the monetary policy framework. First, based on a supportive monetary policy stance, continue to promote the transformation of the monetary policy framework, give greater play to the role of interest rate regulation, improve market-oriented interest rates, form a regulation and transmission mechanism, further optimize the short-end interest rate regulation mechanism, improve the accuracy of interest rate regulation, promote the reform of loan interest rate pricing benchmarks, and transform from a relatively single reference loan market quoted interest rate to a more diversified pricing benchmark. The second is to follow the trend of increasing the proportion of direct financing, further build a modern financial market, build a multi-category and multi-level financial market system, actively develop the bond market and equity market, better meet the diverse financing needs of various operating entities at different stages of development, improve the bond market technology board, cultivate and strengthen patient capital, and enhance the strength and level of financial support for technological innovation. Continue to deepen market-oriented reforms, better leverage the role of financial markets in price discovery and resource allocation, and create good conditions for the transformation of the monetary policy framework. The third is to deepen the high-level opening of the financial market to the outside world, improve the level of RMB internationalization, optimize the layout of RMB clearing banks, give full play to the role of currency swap arrangements, provide stable and multi-level RMB liquidity support to the offshore market, optimize interconnection mechanism arrangements such as Bond Connect and Swap Connect, enrich the global supply of high-quality RMB assets, facilitate global investors to invest in RMB assets, and share the returns brought by China's economic development achievements. (Reporter Guo Zishuo) (Reporter Guo Zishuo)