Deepening the Institutional Opening-up of the Financial Sector:Direction and Strategy
Steadily expanding the institutional opening-up of the financial sector is an important measure to promote high-level openness and high-quality development of the financial sector.By analyzing the evolution trend of WTO-FTA financial rules and comparing the differences in financial rules of major free trade agreements such as CPTPP and RCEP,it can be found that China has a large gap with international high-standard financial rules in key areas such as financial liberalization,sensitive issues like financial data flow,and emerging topics such as"new finance".Therefore,the main direction of institutional opening-up in the financial sector should be guided by benchmarking against international high-standard financial rules,strengthening the construction of the financial legal system,implementing financial management measures,and promoting the internationalization of financial standards.Guided by the principle of"domestic unity and international integration",efforts should be made to refine the financial institutional system.Leveraging platforms like the"Belt and Road"initiative and others,initiatives should be undertaken to promote the"introduction"and"going out"of financial rules.With pilot free trade zones as a foundation,endeavors should be made to promote the stress testing and replication of high-standard international financial rules.Guided by coordinating financial openness and security,efforts should be intensified to strengthen financial regulation,thereby facilitating the steady expansion of institutional opening-up in the financial sector.
Institutional Opening-up of the Financial SectorAlignment of Financial RulesFinancial System
万方数据
维普
