Xiao Gang: foreign investors have a strong interest in RMB assets, and the valuation of a shares is low

category:Finance
 Xiao Gang: foreign investors have a strong interest in RMB assets, and the valuation of a shares is low


Xiao Gang said that it is of great significance for China to build a global financial asset allocation center: first, it is conducive to providing diversified sources of funds for the development of Chinese enterprises, promoting scientific and technological innovation, improving corporate governance and enhancing international competitiveness; second, it is conducive to deepening financial market-oriented valuation and pricing, forcing financial institutions to improve product quality and service standards, and standardizing and developing the asset management industry; and It is conducive to the balance of payments; fourth, it is conducive to enhancing the discourse power and rule-making power of global governance.

To build a good global financial asset allocation center of RMB, Xiao Gang puts forward the following suggestions: first, accelerate the reform of financial market elements and abolish unnecessary administrative control; second, actively promote RMB internationalization, promote RMB pricing of bulk commodities and increase the use of currency exchange; third, orderly promote RMB exchange rate reform and capital account convertibility, and expand timely The fourth is to strengthen the construction of supervision ability and prevent the input risk.

Source: surging news editor: Yang Zeyu_ NF6036