From the"Core Theory"to the"Bloodline Theory":The Positioning of China's Financial Devel-opment and the Construction of Popular Sovereignty Financial System
Since the reform and opening up,China's understanding of the nature and positioning of the fi-nancial system has continuously deepened.The significant transformation from the"core theory"to the"blood-line theory"marks the central government's profound understanding of the laws of financial development after in-depth comparative analysis of the experiences and lessons of domestic and foreign financial development.This is of great significance for China to build a modern financial powerful state and explore the path of finan-cial development with Chinese characteristics.After summarizing the profound expositions on financial work from two central financial work conferences,this article systematically explains the theoretical origins,connota-tions,institutional systems,and the four principles of inclusiveness,strategy,security and sustainability of"popular sovereignty finance"based on the positioning of building a"people-centered"financial system.This provides a basic theoretical framework for the construction of a Chinese style financial governance system.
Financial DevelopmentFinancial GovernancePopular Sovereignty FinanceA Modern Fi-nancial Powerful State