On December 21, Liu Jiwei, Chairman of the Global Wealth Management Forum and former Minister of Finance, stated at the 2024 China Wealth Management 50 Forum that given the high risk of the financial industry and its significant impact on the entire economy and society, strict regulatory measures need to be implemented. Due to the characteristics of the financial industry, in nonprofit areas such as "regional coordinated development, ensuring and improving people's livelihoods," it is not the strength of the financial industry, and more fiscal policy tools need to be adopted. In areas such as "technology-driven innovation, industrial structure optimization and upgrading, and green sustainable development," financial support can play a better role.
楼继伟:公益性领域不是金融业的优势,更需要采取财政政策工具
Liu Jiwei: The nonprofit sector is not the strength of the financial industry, and it is more necessary to adopt fiscal policy tools.
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