Research on Institutional Opening-up to Expand Interconnected Domestic and Foreign Financial Markets
The interconnection between domestic and foreign financial markets can play a leading role in the construction of a strong financial country.Strengthening the interconnection of domestic and foreign financial markets and building modern financial institutions and market systems are of great significance to serving the real economy,building a new development pattern of"dual circulation",and taking the road of financial development with Chinese characteristics.The evolution of domestic and foreign financial market interconnection reflects the gradual reform logic,showing the distinctive characteristics of the transformation from unidirectional flows to bidirectional openness,from passive response to active leadership,and from pipeline connectivity to institutional connectivity.At present,the interconnection of domestic and foreign financial markets faces many practical challenges,including global economic turbulence,insufficient international competitiveness of Chinese financial institutions,and weaknesses in financial services.In the future,the pace of high-level financial opening-up,focusing on institutional opening-up,will be further accelerated,and the positive interaction between domestic and foreign financial markets will continue to deepen.Efforts should be coordinated to promote the reform of domestic and overseas financial market interconnection and supporting measures,continuously enhance the international influence of China's financial market,balance the interconnection of overseas financial markets with the prevention and resolution of financial risks in key areas,anchor the goal of building a strong financial country,and firmly promote high-quality financial development.
Financial MarketInterconnectionHigh-level of Openness to the Outside World
万方数据
维普
