Financial Services for High-Quality Development of the Real Economy:Logicand Path
The National Financial Work Conference(NFWC)stresses that finance should serve the high-quality development of the real economy,which is a profound embodiment of the theoretical logic of Marxian Political Economy(MPE)and a strategic requirement for promoting a Chinese path to modernization in the new era.At present,the co-existence of funds circulating within the financial sector without entering the real economy and the insufficient capital accumulation in the real sector,the mismatch of financial supply and real demand,and the weakening function of the financial market have hindered the improvement of the financial service quality.Consequently,the financial market is still in the stage of cultivation and development compared with that of developed countries.Therefore,by summarizing the lessons learned from major countries'experiences in serving the real sector under different financial models,and taking China's actual development situationinto account,this study proposes feasible paths for the joint and coordinated development of the finance,the real sector and the financial supervision department,aiming to enhance the quality and effectiveness of financial services for the real sector,achieve high-quality economic development,and realize the construction of a strong financial country.