Why should we resolutely correct pseudo -financial innovation from the needs of the real economy?

2 thoughts on “Why should we resolutely correct pseudo -financial innovation from the needs of the real economy?”

  1. Recently, the most watched keywords in the financial field are "risk prevention" and "helping entity". The hazards and risks of the so -called "virtual currency" such as Bitcoin have continued to appear, which leads to regulatory punch; the relevant person in charge of the "one line and three meetings" release important signals on the "2017 Financial Street Forum" around financial reform and development. For the duty, prevent the reality from being detained.
    14, Bitcoin China announced that all transactions will be stopped at the end of this month. On the evening of the 15th, Huobi.com and OKCoin successively announced that the registration and renminbi recharge business will be suspended from now on, and all users will be notified to stop transactions by September 30. At this point, all the three major domestic Bitcoin trading platforms have announced that they will take a rest for the trading business.
    Since this year, some Bitcoin and blockchain technologies have deviated from their original intention. With the skyrocketing price of Bitcoin, Bitcoin and its related industries have a strong speculative atmosphere, the price fluctuates fiercely, and investors blindly follow the trend and even lose or even lose their losses. Reasoning and endangering the development of the real economy.
    The "virtual fire" is too strong and chaotic, and the hidden dangers of financial and social risks formed by "virtual currency" cannot be ignored. On September 4, the seven departments such as the central bank "sharp blades out of the sheath" and stopped the issuance financing of various types of tokens including the first token issuance (ICO), and reiterated that the "virtual currency" used in financing did not have currency attributes.
    This medicine to go, focusing on chaos. Bitcoin's "cooling" highlights the determination of the regulatory authorities to severely crack down on illegal and illegal acts, and put the risk of preventing and controlling financial risks in a more important position.
    It in market chaos and financial risk disposal, there must be a number and square in your hands. At the "2017 Financial Street Forum" held on the 15th, the relevant person in charge of the "one party and three meetings" collectively collects the "Kai Fang" for the development of the financial industry and risk prevention and control, and aims to jointly perform the duty of the financial service real economy.
    Wang Zhaoxing, vice chairman of the CBRC, said that since the beginning of this year, the phenomenon of in -table business, investment in loan business, arbitrage of interbank business, and bank funds have been preliminarily curbed. It is necessary to effectively prevent financial risks in key areas, including the debt risk of the excess capacity industry, real estate, and local platform companies, while strengthening the risk management and control within the bank.
    The assistant Zhang Shenfeng of the CSRC Chairman said that it will further improve the multi -level capital market system, maintain normalization of new shares issuance, comprehensively improve the re -financing system, actively develop the bond market, steadily develop the futures market, actively serve innovation -driven development, Made in China, Made in China 2025 and other strategies.
    The vice chairman of the Insurance Regulatory Commission Huang Hong said that it is necessary to reduce the risk of stock and control incremental risks. Starting from the fields of agriculture, big disaster, serious illness, health, pension, etc., improve the level of insurance services, dredge the channels for insurance funds to enter the real economy, and reduce financing costs.
    The gratitude is that the phenomenon of air rotation of the financial industry is decreasing, and the efforts of supporting the real economy are further enhanced. According to data released by the central bank on the 15th, the RMB loan in my country increased by 1.09 trillion yuan in August, of which non -financial enterprises and agency group loans based on real economic loans increased by 483 billion yuan.
    Financial is the bloodline of the real economy. Serving the real economy is the duty of finance, the purpose of finance, and the fundamental measure to prevent financial risks. Financial innovation must serve the real economy and meet the regulatory requirements. For those pseudo -financial innovation behaviors wearing "innovative" coats, or even illegal financial behavior, we must strike on punch and timely curb

  2. Infrastructure, including railways, highways, docks, airports, power supply, and water supply drainage, are the hardware environments that enterprises are inseparable from the operation of enterprises, and it is also an important condition for attracting domestic and foreign investors. If these basic conditions are available, the business conditions of the enterprise may improve significantly, and the development of the real economy is possible. Without strategic and advanced vision to develop infrastructure, the real economy development of that country cannot have continuous and good development.
    . For example, India, although the software outsourcing technology and scale exceeds China, because the infrastructure conditions are too poor and the investment in fixed assets is insufficient, the development speed of the real economy and the virtual economy of India is increasing from China.
    Therefore, it is wise and necessary to give priority to investment and construction of infrastructure.

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