Ling Yonghui: Financial Structure Adjustment Facing the New Development Pattern

Release time:2023-05-10Author: Ling Yonghui

Accelerating the construction of a new development pattern is a strategic adjustment made by China to adapt to global political and economic changes, aiming to transform the globalization of the away game economy utilizing Western markets into the globalization of the home game economy based on domestic needs. There are still multiple imbalances in China's current financial structure. Therefore, it is necessary to make adaptive adjustments and optimizations to the existing financial structure.


This article first points out the multiple meanings of financial structural adjustment, including promoting high-quality economic development, promoting the strategy of expanding domestic demand, and promoting the transformation and upgrading of industrial structure. Next, the focus of promoting financial structural adjustment was elaborated in five points:


The first is to apply industry chain thinking and implement financial policies around industry chain deployment.

The second is to deepen the supply side structural reform and improve the quality of financial service supply.

The third is to focus on demand side management and strive to break through bottlenecks and smooth circulation.

The fourth is to adhere to market-oriented reform and promote the combination of short-term policies and long-term institutional construction.

The fifth is to enhance risk prevention awareness and effectively prevent and resolve economic and financial risks.