Lian Weiliang, deputy director of the NDRC Chinese enterprises leverage at a high level xhero

Development and Reform Commission deputy director Lian Weiliang: China corporate leverage in the news office of higher level of the State Council on October 10, 2016 at 3 pm in the State Council Information Office press room held a press conference, deputy director of development and Reform Commission Lian Weiliang, assistant finance minister Dai Bai, vice governor of the people’s Bank of China Fan Yifei, the state-owned assets supervision and Administration Commission of the State Council Meng Jianmin, deputy director of the CBRC vice president Wang Zhaoxing introduced actively and steadily reduce leverage related policies, and a reporter asked. Lian Weiliang introduced the market debt to equity swap is an important measure to reduce leverage, at the same time to formulate a "guidance on the market of bank debt to equity". Hu Kaihong: Ladies and gentlemen, good afternoon. Today, the State Council officially announced "on actively and steadily reduce leverage views", this document is very important, is an important document of China’s enterprises to prevent and resolve the debt problem, but also an important measure to promote structural reform. To help you better understand the documents, very pleased today invited Mr. Lian Weiliang, deputy director of the NDRC, assistant finance minister Dai Baihua, Mr. Fan Yifei, vice president of the people’s Bank, Mr. Meng Jianmin, deputy director of SASAC, CBRC vice chairman Wang Zhaoxing, asked them to introduce and interpret this file to you and answer your proposed the problem. Below, please refer to the director. Lian Weiliang: good afternoon. Very pleased to have the opportunity to introduce the relevant circumstances about reducing leverage, but also very grateful to all the media friends in the most recent period of the debt of China’s enterprises and the market of bank debt to equity and other issues of concern and research. Today, the State Council officially announced the "opinions on actively and steadily reducing the leverage of enterprises" (Guo Fa [2016] No. 54) and its annex on the guiding opinions on the conversion of the creditor’s rights of the market bank. This is an important document to guard against and defuse the risk of corporate debt, is an important measure to promote the structural reform of the supply side, and enhance the long-term economic development of resilience. Here, I and the Ministry of finance minister Dai Baihua, assistant deputy governor of people’s Bank, Fan Yifei, deputy director of the CBRC vice chairman Wang Zhaoxing SASAC and Meng Jianmin together, to briefly introduce the background, process and main contents of the file set. I would like to introduce some of the situation, improper place to ask the relevant departments responsible comrades correct and supplement. In recent years, China’s high leverage, debt growth is too fast, the debt burden has been increasing. In the more complicated international economic environment, China’s downtown pressure on the economy is still large in the background, some enterprises operating difficulties intensified, lead to a certain extent, the debt risk increased, and spreads along the debt chain, guarantee chain and industrial chain risks. The Party Central Committee and the State Council from the strategic height to reduce leverage related work made a decision to deploy the deleveraging as one of the five major tasks of the supply side structural reform, reduce leverage is one of the main contents. Xi Jinping, general secretary of the structural reform of the supply side attaches great importance to the need to expand the aggregate demand in the same time, to capacity, inventory, on相关的主题文章: