第二章,论述西方票据市场和再贴现政策。
In chapter two, I discuss western negotiable instrument market and rediscount policy.
设立区域性金融机构;设立西部开发银行。在中观方面应制订区域信贷政策;拓展再贴现业务;
Eskblishing regional financial institution and special bank for the west development working out regional policy for credit and loan and developing rediscount business;
如连续降低存贷款利率,调低商业银行存款准备金率,灵活运用窗口指导政策、扩大再贴现和中央银行再贷款规模等。
Interest has been decreased successively, deposited reserve has also been lowered, and rediscount and reloan from PBC has been enlarged, etc.
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