How does China s financial development achieve rapid economic growth at a low level?

Updated on society 2024-04-12
11 answers
  1. Anonymous users2024-02-07

    This is due in part to the idle resource effect. Although China's financial development level is low, but China's production resources are abundant, from the reform and opening up to the present is less than 30 years, there are still many idle resources have not been fully utilized, and the society has not been fully employed, so we can draw a conclusion that there is still great potential for development in Chinese society, that is, the existing production resources can still expand production to a great extent, expand reproduction. In addition, in terms of economic cycle, China's economy is currently in a boom period, and the economic growth rate during this period is the fastest.

    But slowly, with the continuous development of the economy, when the idle resources have basically been fully utilized (similar to the developed countries now), the economic growth will depend on the adjustment of the industrial structure, independent intellectual property rights and scientific and technological innovation, as well as the corresponding financial system, which is why the level of financial development in developed countries is also higher. At the same time, this also proves that the relations of production should be compatible with the productive forces.

  2. Anonymous users2024-02-06

    The state implements relevant policies to achieve this.

  3. Anonymous users2024-02-05

    Although the level of financial development is not high, but the whole society is moving forward step by step by feeling the stones, with a large population and a huge market, coupled with the opening up of the reform and opening up, of course, there are many inaccuracies, so that China's economy is moving towards the fast lane step by step, and it is also relying on the efforts of the people of the whole country to move forward. In such an environment, why worry about the rapid growth of the economy, hehe.

  4. Anonymous users2024-02-04

    Summary. The impact of fintech on economic growth is mainly realized indirectly through micro actors. For example, the emergence of big data has promoted the value created by micro subjects, improved the consumption structure, and promoted consumption upgrading.

    Use the knowledge of economic life to explain how finance promotes the development of our country.

    The impact of fintech on economic growth is mainly realized indirectly through micro actors. For example, the emergence of big data has promoted the value created by micro subjects, improved the consumption structure, and promoted consumption upgrading.

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    1.Break down regional barriers and collaboratively solve disposal problems. 2.

    Follow the law of lack of development of the mold, and build a system according to the local conditions of the coder. 3.Technological innovation and upgrading, and promote the integrated development of industries.

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  5. Anonymous users2024-02-03

    Summary. Hello, I have seen your question and am sorting out the answer, please wait a while Use the knowledge of economic life to explain how finance promotes the development of our country.

    Hello, I have seen your question and am sorting out the answer, please wait for a while Give full play to the role of the financial market and promote the development of China's real economy The measures are as follows. The financial market should give full play to the role of providing the market, financial supply, and capital supply. In the process of the development of the real economy, a large amount of production capital and start-up capital are needed for production and expansion.

    Financial markets must use financial leverage and the supply of financial funds to solve this problem.

  6. Anonymous users2024-02-02

    Summary. Hello dear<>

    Strengthen financial supervision: Strengthen financial supervision, guard against financial risks, and ensure the stability and healthy development of the financial market. At the same time, it is necessary to strengthen supervision and control over financial institutions, prevent violations of regulations by financial institutions, and ensure the fairness and transparency of the financial market.

    2.Promote financial innovation: Strengthen financial technology innovation, promote the digital, intelligent and service-oriented development of the financial industry, and improve the efficiency and quality of financial services.

    Increase financial support for the real economy, optimize financial services, and improve the quality and efficiency of financial services. At the same time, it is necessary to strengthen financial support for small and medium-sized enterprises, promote the development of small and medium-sized enterprises, and promote employment and economic growth. 4.

    Promote financial opening-up: Strengthen financial opening-up, attract more foreign investment into the Chinese market, and promote the internationalization and marketization of the financial market. At the same time, it is necessary to strengthen cooperation with international financial institutions and enhance China's voice and influence in the international financial market.

    5.Strengthen financial risk prevention: Strengthen financial risk prevention and prevent the impact of financial risks on the economy.

    At the same time, it is necessary to strengthen the ability to deal with the financial crisis and enhance the ability of the financial market to resist risks.

    At present, in view of China's economic situation, from a financial perspective, how to achieve high-quality economic development is discussed.

    Hello dear<>

    Strengthen financial supervision: Strengthen financial supervision, guard against financial risks, and ensure the stability and healthy development of the financial market. At the same time, it is necessary to strengthen supervision and control over institutions that are stupid and blind in the financial sector, prevent violations of regulations by financial institutions, and ensure the fairness and transparency of the financial market.

    2.Promote financial innovation: Strengthen financial technology innovation, promote the digital, intelligent and service-oriented development of the financial industry, and improve the efficiency and quality of financial services.

    Increase financial support for the real economy, optimize financial services, and improve the quality and efficiency of financial services. At the same time, it is necessary to strengthen financial support for small and medium-sized enterprises, promote the development of small and medium-sized enterprises, and promote employment and economic growth. 4.

    Promote financial opening-up: Strengthen financial opening-up, attract more foreign investment into the Chinese market, and promote the internationalization and marketization of the financial market. At the same time, it is necessary to strengthen cooperation with international financial institutions and enhance China's voice and influence in the international financial market.

    5.Strengthen financial risk prevention: Strengthen financial risk prevention and prevent the impact of financial risks on the economy.

    At the same time, it is necessary to strengthen the ability to deal with the financial crisis and enhance the ability of the financial market to resist risks.

    To sum up, from the perspective of financial angle rolling, to achieve high-quality economic development, it is necessary to strengthen financial supervision, promote financial innovation, strengthen financial support for the real economy, promote financial opening, and strengthen financial risk prevention.

  7. Anonymous users2024-02-01

    Classification: Resource Sharing > Loss Documents Report Sharing.

    Analysis: In developed market economies, the financial instruments used in the money market include ****, commercial paper, time deposits, repurchase agreements, and bank drafts.

    In developing countries, term loans and mortgages are the most important financing instruments, and many non-** financial instruments are gradually being replaced by ** financial instruments.

    Financial instruments can be divided into two categories according to whether they can be transferred or traded by the holder after being purchased for the first time, namely, ** financial instruments and non** financial instruments. In the capital markets of developed countries, non-prime financial instruments are generally purchased by financial institutions such as banks, leasing companies, retirement** and insurance companies, and the companies seeking the funds negotiate deals directly with the owners of the funds.

    In developing countries, term loans and mortgages are the most important financing instruments, and many non-** financial instruments are gradually being replaced by ** financial instruments. Class financial instruments generally refer to ** and bonds, such instruments can be freely traded between individual and institutional investors, and their trading market is also called ** market. In fact, all financial instruments are divided into two categories, just a general division, each type of financial instruments can be divided into several kinds, on the basis of some financial instrument transactions, and derivative financial instruments, derivatives have options and ** two categories.

    We refer to the sum of short-term money trading relationships within one year as the money market. The money market is the source of short-term financing, and its development has adapted to the needs of financial institutions and corporations for short-term funding. In most developed countries, money markets are formed mainly by short-term money transactions between banks.

    In the modern market economy, the variety of financial instruments in the money market is very rich, but the most important ones are commercial papers, short-term bonds and bank acceptance bills. In developed market economies, financial instruments used in the money market include commodities, commercial papers, term deposits, repurchase agreements, and bank drafts. Traditionally, only banks are financial institutions that participate in the money market, but in the past decade or so, developed countries have participated in the currency market in the form of money and have achieved significant development.

    There is a big difference between the capital market and the money market, and one of the significant differences is that the financial instruments of the latter are homogeneous, that is, they represent short-term money in the form of money; The financial instruments of the former are not homogeneous, capital market instruments represent different types of heterogeneous capital goods, such as various forms of assets formed by enterprise investment, while bonds represent debts, housing mortgages represent real estate, etc.

  8. Anonymous users2024-01-31

    This view is justified, the lack of a developed financial market is not conducive to the effective allocation of resources, the mechanism is often distorted, it is impossible to effectively carry out financing activities, and the economic vitality is not strong.

    But this is only one of the reasons, the slow economic growth of developing countries, there are also historical legacies, geographical constraints, lack of resources, the wrong decision-making of the authorities, the weak position in the international community and many other reasons.

  9. Anonymous users2024-01-30

    (1) Mobilize idle funds in society and enrich the variety of financial assets.

    2) Promote the flexible use of funds and improve the efficiency of the use of funds.

    3) Improve the interest rate mechanism and optimize the allocation of resources.

    4) Reflect market information, strengthen macroeconomic regulation and control, and form a reasonable national economic structure.

    5) Promote the allocation and operation of bank funds, and accelerate the flow and transfer of funds between regions or countries.

    6) Manage and allocate risk so that the financing and risk burden of financial transactions can be separated.

    At present, China's financial market mechanism and basic system are constantly improving, the market-oriented reform of interest rates is fully implemented, and the financial market mechanism is becoming more and more mature; Formally implement a managed floating exchange rate system based on market supply and demand and adjusted with reference to a basket of currencies; The main players in the financial market have been diversified, and the level of financial openness has been further enhanced.

    However, compared with many developed countries, there are still some weak links in the development of China's financial market, which are reflected in: the financial market system is not perfect enough, the degree of financial deepening is insufficient, the financial market products are single, the market financing structure is unreasonable, the development of the capital market and the insurance market is lagging behind, and the development of the bond market is relatively lagging behind.

  10. Anonymous users2024-01-29

    Due to the continuous increase in the charging standards of banks for their own high salaries, private finance has become increasingly active.

  11. Anonymous users2024-01-28

    Summary. Dear dear, it's a pleasure to answer your <>

    The contribution of finance to economic development is not only reflected in the improvement of productivity, but also in the allocation of funds, risk management, investor protection and other aspects. Through financial mechanisms, resources can be allocated more effectively, promoting capital and technological progress, and improving productivity. At the same time, the financial mechanism can also promote economic transformation and upgrading, promote innovation and entrepreneurship, and improve labor productivity and efficiency.

    The contribution of finance to economic development is mainly reflected in the increase in productivity.

    Dear dear, it's a pleasure to answer your <>

    The contribution of finance in economic development is not only reflected in the improvement of productivity, but also in the allocation of funds, risk management, investor protection and other aspects. Through the financial mechanism, resources can be allocated more effectively, capital and technology can be promoted, and productivity can be improved. At the same time, the financial mechanism can also promote economic transformation and upgrading, promote innovation and entrepreneurship, and improve labor productivity and efficiency.

    Kiss <>

    While finance has a role to play in increasing productivity, it is not the only one. The contribution of finance is mainly reflected in the following aspects:1

    Resource allocation: Finance can effectively allocate resources, optimize investment structure and industrial structure, and promote economic development. 2.

    Financing function: Jin Zefu can provide financing for enterprises to help them expand production, invest in new technologies and human resources, etc., so as to improve productivity. 3.

    Risk management: Finance can help companies reduce risk through a variety of financial tools and staking services, thereby contributing to economic development. <>

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