Our country's financial scale has always been among the top in the world. Why do the general public still feel that there are few financial management options and high investment risks? How can practitioners who are deeply involved in the real economy truly capture the people's livelihood benefits brought by a financial power? "This Is China" broadcast on March 30 focuses on the financial doubts of the whole people, and deeply analyzes the underlying logic and people's livelihood dividends of a financial power.
At the show, an audience member from the clothing retail industry expressed the voice of thousands of people. She puzzled that the country's financial size continues to grow, but in the eyes of ordinary people, it is still far from being a real financial power. Daily compliant financial management channels are scarce, reliable investment products are difficult to choose, and market investment risks remain high. It is always difficult for everyone to intuitively feel the actual benefits brought by financial development.
In response to this question, Zhang Keliang, a researcher at the Central University of Finance and Economics, first emphasized that Chinese people have long been silently enjoying the safety foundation built by financial powers. The core mission of finance is to empower the real economy and stabilize the country's macroeconomy. This protection has long been integrated into daily life. Looking back at the two rounds of global financial crises in 1997 and 2008, China's economy has always stood firm and grown against the trend. It still maintains a stable growth rate of 4.5% to 5%. Compared with the zero growth or even negative growth of some developed countries, this confidence cannot be separated from the support of a stable and mature financial system. Behind our stable life and booming real economy are the continuous blessings of financial power.
Regarding the financial management issues that the public is most concerned about, Zhang Keliang directly addresses the misunderstandings. He said that the industry has long made it clear that if financial management income exceeds 8%, there is a high probability of facing the risk of principal loss. Many attractive ultra-high-interest financial management products are essentially financial fraud. From the perspective of market rules, social capital costs have fixed boundaries. If the interest on risk-free deposits is too high, it will inevitably lead to substantial price inflation. For ordinary people, the core of rational financial management is to rely on bank deposits to maintain the value of assets. If the income can beat inflation, it is a safe choice.
If you want to obtain reasonable returns higher than conventional deposits, the future breakthrough lies in making the domestic capital market bigger and stronger. Zhang Keliang said that my country currently focuses on debt financing and indirect financing, and will continue to improve the market system and popularize low-threshold compliance financial management channels such as public funds and index products. Relying on the stabilization fund mechanism, high-quality listed companies will continue to pay dividends to investors after creating operating value. Some companies' dividend income can even exceed bank loan interest rates. Domestic high-quality enterprises are rich in resources and have strong development momentum. In the future, ordinary people will be able to become corporate shareholders and share the dividends of industrial development. By then, the value of people's livelihood in a financially powerful country will be clear.
Moderator He Jie added that a financial power has dual connotations. On the one hand, finance has achieved remarkable results in supporting the real economy and has already laid a solid foundation for national development and people's livelihood stability. On the other hand, there is still room for improvement in people's financial experience, and the richness of financial products and rationalization of returns need to be continuously polished. At the same time, perfect financial supervision is a top priority. Only by improving laws and regulations, strictly rectifying financial chaos, and restricting illegal financial behaviors can we truly protect the safety of people's property.
In addition, He Jie said that inclusive finance, as a key part of a financial power, has now deeply assisted the development of small, medium and micro enterprises, but some merchants still report that loans are difficult and financing is complicated. Zhang Keliang responded that the core to solve this problem is the upgrading of technological and financial empowerment. Relying on big data risk control to realize online instant loans, and completing accurate data backend and risk review in the background, it can not only significantly reduce the cost of financial services, but also enable financial institutions to achieve sustainable profits and truly open up the last mile of financing for small and micro enterprises.
Financial power is never cold macro data, but a solid foundation to withstand crises, a stable and reliable financial management environment, and the warmth of people's livelihood for small and micro enterprises to conveniently raise funds. As the capital market continues to improve, financial supervision continues to be stricter, and technology and finance are fully popularized, every ordinary person will eventually feel the real benefits brought by a financial power.
