Director of the Regulations Department of the China Banking and Insurance Regulatory Commission: When discussing economic and financial adaptability, attention should also be paid to financial stability
2026-11-13 14:01:05
According to CoinMeta, Wang Shengbang, the chief lawyer of the Financial Regulatory Administration and director of the Regulations Department, stated at the 17th Caixin Summit that when discussing economic and financial adaptability, more attention is paid to the impact of such adaptability on economic growth, while its impact on financial stability is somewhat overlooked. He pointed out that the economy and finance are in a mirror-like relationship, reflecting each other, and there are multiple complex interactions between the real economy and the financial sector. Proper adaptation of the economy and finance is conducive to improving the efficiency of financial resource allocation, promoting sustained economic growth, reducing financial risks, and maintaining financial stability. Conversely, misalignment between the economy and finance not only hinders economic growth but also leads to financial imbalances and the accumulation of financial risks. In addition, the 14th Five-Year Plan clearly calls for various financial institutions to focus on their main businesses, improve governance, and develop in a differentiated manner. Therefore, when discussing economic and financial adaptability, it is necessary to pay attention to both growth and stability simultaneously.
Source:Jin10 Data
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