Research on the Mechanism and Path of High-level Financial Opening to Expand the Development Space of Chinese Path to Modernization
Finance is the core of modern economy,and high-level financial opening-up should become a key link of making good use of both domestic and international resources and expanding the space for Chinese path to modern-ization.Through a political and economic analysis of the spatialization of financial capital involved in the economic cycle,this paper argues that financial openness is closely related to the spatial logic of Chinese path to moderniza-tion,and follows the progressive logical link of"generation-extension-consolidation",and explains the mechanism of high-level financial openness to expand the development space of Chinese path to modernization from three dimen-sions:factor allocation space,financing cooperation space and security and resilience space.Based on this,it is pro-posed to attract international financial resources across regional and ownership boundaries with a wider scope of fi-nancial opening,so as to promote the optimal allocation and value enhancement of domestic factors.Focusing on more cutting-edge and cross-cutting international financial cooperation in the field of financial opening-up,we will grasp the growth points of emerging financial formats;With a deeper level of financial opening-up,we will actively participate in global economic and financial governance and the construction of a new order,prevent and resolve key risks,ensure that the financial market coordinates open development and economic security,and then continue to ex-pand the development space of Chinese path to modernization.
High-Level Financial OpennessChinese Path to ModernizationLogical LinksDevelopment Space