Shang Fulin: Financial services should focus on the real economy.
The China Wealth Management 50 People Forum 2025 was held in Beijing on the 27th. Shang Fulin, Chairman of the China Wealth Management 50 People Forum, former Chairman of China Banking Regulatory Commission and former Chairman of China Securities Regulatory Commission, stated that the fundamental purpose should be more focused on financial services for the real economy, and efforts should be made to do well in the "Five Key Areas" of finance. Shang Fulin believes that accelerating the construction of a strong financial nation is the organic unity of qualitative and effective improvement and reasonable growth in quantity, which is a comprehensive, systematic, and leading leap. The foundation of building a strong financial nation lies in the real economy, and it is necessary to optimize the allocation of financial resources, more accurately irrigate the key areas and weak links of the national economy. He also mentioned that it is necessary to optimize the financial institution system, strengthen the main responsibility of financial institutions in serving the real economy, cultivate a group of first-class financial institutions with international competitiveness; continuously and comprehensively deepen capital market reforms, increase the proportion of institutional investors, improve basic systems such as information disclosure, enhance the inclusiveness and adaptability of the capital market system, and improve the functions of price discovery, resource allocation, and risk management in the capital market.
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