Title: On the Returning of the Financial Services Industry to the Real Economy Standard
Abstract:The real economy is the foundation of the social wealth and the overall national strength and that of the survival and healthy development of the financial sector.As the representative of the virtual ...The real economy is the foundation of the social wealth and the overall national strength and that of the survival and healthy development of the financial sector.As the representative of the virtual economy,the financial industry comes from the real economy and should also serve the real economy.In recent years,China's financial industry has made considerable progress,making an important contribution to our national economy.But in the process of rapid development,there appears the phenomenon of self-circulation and self-expansion which break away from the real economy such as the irrational growth of the financial assets,lack of adequate support of the financial sector to the real economy and inadequate supervision of the finance.Therefore,in the context of the full open-up of the finance market and the constant promotion of the reform process,the return of the financial services industry to the real economy has become an important issue.Through theoretical explanations and analysis of actual examples,we know that the development of China's finance depends on the clear understanding of the right direction,the grasp of the essences and the construction of the real economy.The finance industry comes from the real economy and will bring benefit to it;and at the same time the finance industry will become stronger from the development of the real economy-both advance and develop mutually and harmoniously.Read More
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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Cited By Count: 1
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