Self-organization ability of China's financial system should be improved
ANBOUND
As China's financial supervision is becoming tighter, President Xi Jinping also stresses on the supervision and development of financial security at the Central Political Bureau's collective learning meeting, and made the highest endorsement for the recent strengthening of the regulatory policy. How should we understand this maintenance of financial security, especially what it meant by President Xi? Facing with the problematic financial market, in the beginning there is no problem for comprehensive regulatory, but in the end financial market order should rely on perfecting the system. In this regard, Anbound’s senior researcher Chan Kung suggests that China’s financial market needs to encourage the development of the middle layer, improving the self-organization of the financial market, and strengthening its self-organizing ability; it is only possible to become a balanced and prosperous market if these are followed.