Global EditionASIA 中文雙語Fran?ais
    Opinion
    Home / Opinion / From the Press

    Keeping financial risks at bay

    China Daily | Updated: 2017-07-20 07:11
    Share
    Share - WeChat

    To defuse financial risks, especially systemic ones, is a fundamental task, and this explains why China unveiled a series of reform plans at a recent National Financial Work Conference to safeguard its financial security and promote the financial sector's efficient and sound operation to lubricate its sustainable and healthy economic and social development.

    Since the 18th National Congress of the Communist Party of China in late 2012, the top leadership has attached great importance to guarding against financial risks and taken a range of financial regulatory measures to bring financial risks under control in China.

    However, the economic downturn pressures at home and abroad, and the accumulated structural and systemic contradictions emanating from China's new economic cycle, exacerbated by deepening economic globalization and spillover effects of the global financial crisis, call for a strengthened and more responsive financial regime to preempt financial risks.

    Given that the sector is susceptible to any uncertainties, acute risk awareness is needed. Precautionary measures should be taken to prevent not only "black swan" but also "gray rhino" events, and any measure introduced should achieve tangible effects.

    China should better control the "chief valve" of credit to defuse a financial risk at the source. At the same time, it should improve its emergency response mechanism and put in place a set of complete contingency measures to preempt and address liquidity risks, credit risks, the risk of shadow banking business, abnormal capital market fluctuations and real estate bubbles. It should also better supervise emerging online financial products and services, which have largely fallen outside the current supervisory system.

    China's rich experiences in dealing with the Asian financial crisis and the global financial crisis, along with its full-fledged financial regulatory regime, are expected to help it effectively defuse potential financial risks and make the financial sector better serve the real economy.

    -People's Daily

     

    Most Viewed in 24 Hours
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    制服丝袜日韩中文字幕在线| 久久无码国产| 亚洲精品无码AV中文字幕电影网站| 欧美日韩中文字幕在线| 亚洲av无码乱码在线观看野外| 国产丝袜无码一区二区三区视频 | 亚洲va中文字幕无码久久| 亚洲中文字幕在线第六区| 国产乱人无码伦av在线a| 无码av免费毛片一区二区 | 最近2019中文免费字幕在线观看| 无码无套少妇毛多18PXXXX| 久草中文在线观看| 欧美 亚洲 有码中文字幕| 成人无码视频97免费| 水蜜桃av无码一区二区| 精品亚洲AV无码一区二区| 日韩中文字幕在线观看| 人妻少妇看A偷人无码精品视频| 亚洲AV永久纯肉无码精品动漫| 国产欧美日韩中文字幕| 亚洲中文字幕无码一区| 日韩av片无码一区二区三区不卡| 亚洲A∨无码一区二区三区| 免费无码又爽又刺激高潮软件| 波多野结衣中文在线| 熟妇人妻中文字幕| 中文日韩亚洲欧美字幕| 亚洲精品无码久久久久AV麻豆| 国产精品视频一区二区三区无码| 亚洲AV无码国产丝袜在线观看| 久久久久亚洲AV无码专区首JN| 欧美日韩中文国产va另类电影| 日韩国产中文字幕| 中文字幕本一道先锋影音| 中文字幕免费在线| 综合久久久久久中文字幕亚洲国产国产综合一区首 | 中出人妻中文字幕无码| 中文字幕丰满乱孑伦无码专区| 中文字字幕在线一本通| 亚洲欧美日韩中文久久|