[national Development and Reform Commission: promoting a steady drop in loan interest rates to guide accurate drip irrigation of financial resources]-- on 13 June, the National Development and Reform Commission and other four departments issued a circular on doing a good job in the key work of cost reduction in 2023. Jizhong proposed to create a good monetary and financial environment. We will implement a prudent monetary policy, comprehensively use a variety of monetary policy tools, maintain reasonable and adequate liquidity, and keep the growth rate of broad money M2 and the scale of social financing basically in line with the nominal economic growth rate. Keep the RMB exchange rate basically stable at a reasonable and balanced level. We will promote a steady decline in lending rates. We will continue to give full play to the effectiveness of the reform of the quoted interest rate (LPR) in the loan market and the important role of the market-oriented adjustment mechanism of deposit interest rates, and promote a steady decline in financing costs for operators. Guide the accurate drip irrigation of financial resources. We will make good use of inclusive small and micro loan support tools and continue to increase down loans, renewal loans and credit loans for small and micro enterprises. We will speed up the construction of a long-term mechanism for willing loans, continue to evaluate the effectiveness of credit policies for small and micro and private enterprises, and guide financial institutions to increase medium-and long-term loans in the manufacturing industry. we will strengthen credit support for innovative, technological, specialized and new small and medium-sized enterprises.