High-level Financial Opening up and National Financial Security:Logical Starting Point,Internal Mechanism and Collaborative Path
Promoting high-level financial opening up and safeguarding national financial security are inevitable requirements and important guarantees for building a financial powerhouse.This article constructs an analytical framework of"logical starting point,internal mechanism and collaborative path"to systematically study the logical relationship and collaborative path between high-level financial opening up and national financial security.Firstly,based on the logical order of"inevitable dimension,expected dimension and actual dimension",this article analyzes the national financial security issues brought about by high-level financial opening up,and it adopts this as the logical starting point to study the relationship between financial opening up and security.Secondly,it reveals the internal mechanism of high-level financial opening up to ensure national financial security based on the logical orientation of"material level,institutional level and legal level".High-level financial opening up promotes high-quality financial development by enhancing the efficiency and capability of financial resource allocation as well as improving global competitiveness and rule-making influence.It helps to deepen the reform of financial system by promoting market-oriented reforms of interest rates and exchange rates,improving the functions of capital market,and strengthening modern financial supervision.In addition,it also promotes the rule of law in the financial sector by improving the financial legal system,strengthening the law enforcement in the financial sector,and promoting financial and legal exchanges.As a result,the national financial security will be ensured on all fronts.Finally,a collaborative path between high-level financial opening up and national financial security is constructed from three aspects:building a national financial security system,promoting financial institutional opening up in a steady manner,and pursuing a path of financial development with Chinese characteristics.High-level financial opening up will inevitably lead to national financial security issues.However,multiple mechanisms can be adopted to safeguard national financial security.Multiple paths should be coordinated to promote high-level financial opening up and safeguard national financial security so as to achieve the strategic goal of becoming a financial power-house.