On Financial Risk Prevention and Control in the Construction of a Strong Financial Country
Accelerating the construction of a strong financial country is not only a strategic choice for China's long-term economic development but also an important measure to maintain international financial security in the process of economic globalization,with the prevention and control of financial risks serving as a vital guarantee for building a strong financial country.Under the 100-year change,China's efforts in financial risk prevention and control encounter a series of challenges.Domestically,the local government debt risk has gradually shifted to social risk and financial risk,while the debt risk of large private enterprises continues to escalate,and small and medium-sized banks face prominent economic risks.Internationally,the further tightening of the US Federal Reserve's monetary policy has led to increased liquidity risks in the US dollar,while heightened geopolitical tensions have increased risks within the financial sector.We need to adopt a strategy of"opening the front door and blocking the side door"to defuse the risks of existing local debt,strictly control the growth of debt,and curb the expansion of incremental debt.Furthermore,efforts should be made to enhance the self-sufficiency of housing enterprises and create sustainable repayment sources for them.Establishing transparent governmental-business relationships is essential to prevent reckless corporate expansion.Additionally,there should be a moderate reduction in mandatory requirements for inclusive financial investment,along with an acceleration of the integration of small and medium-sized banks.Deepening international coordination in monetary policies and actively responding to global liquidity shortages are imperative.Moreover,establishing a geo-economic department,strengthening geopolitical risk assessments,enhancing financial risk prevention measures,and ensuring the construction of a robust financial nation are all vital steps.
Financial RiskStrong Financial CountryFinancial SecurityFinancial Development
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维普
