第一部分　货币政策分析　　今年上半年我国货币信贷运行呈现出健康平稳的态势。货币供应量适度增长 ,金融机构存贷款增加 ,贷款结构进一步优化 ,外汇储备继续增加 ,人民币汇率保持稳定。同时 ,金融运行出现了一些新情况与新特点。　　一、上半年货币信贷运行情况及其主要操作( Part One Analysis of Monetary Policy In the first half of this year, China’s monetary credit operation showed a healthy and steady trend. The money supply increased moderately, deposits and loans of financial institutions increased, the loan structure was further optimized, foreign exchange reserves continued to increase, and the exchange rate of RMB remained stable. At the same time, some new situations and new features emerged in the financial operation. First, the first half of the currency and credit operations and the main operation