Research on the Essence of China's High-Quality Financial Development

Wang Guogang

Studies of International Finance ›› 2023, Vol. 0 ›› Issue (5) : 3-10.

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Studies of International Finance ›› 2023, Vol. 0 ›› Issue (5) : 3-10.

Research on the Essence of China's High-Quality Financial Development

  • Wang Guogang
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Abstract

High-quality development is the primary task of China's path to modernization, and high-quality financial development is an important mechanism and propeller for high-quality economic growth. This development should be guided by General Secretary Xi Jinping's series of important expositions on financial issues. Keeping close to the inherent requirements of high-quality development in the real economy and improving the fit between finance and the economy is the process of high-quality financial development. To maintain the bottom line of avoiding systemic financial risks, it is necessary to effectively address problems such as improving financial statistics, preventing debt growth risks, guiding the healthy development of capital, and strengthening monitoring of cross-border capital flows. In order to deepen the structural reform of the financial supply side, it is necessary to establish a reform concept that respects common sense and laws, clarifies the focus of reform at all levels, and forms a standard system for judging the effectiveness of financial reform.

Key words

High-Quality Development / Risk Mitigation / Financial Reform

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Wang Guogang. Research on the Essence of China's High-Quality Financial Development[J]. Studies of International Finance, 2023, 0(5): 3-10

References

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