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一文全览 | 潘功胜、李云泽、吴清、朱鹤新重磅发声
Sou Hu Cai Jing·2025-06-19 12:41

Group 1: Global Financial Governance and Reform - The evolution of the international monetary system is shifting towards a multi-polar structure, reducing reliance on a single sovereign currency and promoting competition among a few strong currencies [2][3] - The International Monetary Fund's Special Drawing Rights (SDR) is discussed as a potential super-sovereign currency, but faces challenges in achieving international consensus and market depth [2][3] - The global financial safety net is being strengthened through multi-layered support systems, including the IMF and regional initiatives, while regulatory frameworks are evolving to address emerging financial risks [4][5] Group 2: Cross-Border Payment Systems - Traditional cross-border payment systems are facing challenges such as inefficiency and high costs, prompting a call for a diversified payment system that enhances interoperability and leverages new technologies [3] - The rise of digital currencies and blockchain technology is reshaping the cross-border payment landscape, significantly shortening payment chains and posing regulatory challenges [3] Group 3: Financial Opening and Cooperation - Financial opening is a key theme in China's financial reform, with significant foreign investment in the banking and insurance sectors, enhancing governance and service diversity [10][11] - China's financial market is becoming increasingly integrated with global markets, with foreign banks and insurance companies holding substantial assets and contributing to market growth [10][11] Group 4: Capital Market Development - The capital market is evolving to support technological and industrial innovation, with a focus on creating a financial service system that meets the needs of innovative enterprises [17][18] - The multi-tiered capital market structure is effectively supporting technology innovation, with significant R&D investments from listed companies [19][20] Group 5: Foreign Exchange Market and Reform - The foreign exchange market in China is operating steadily, with the RMB showing resilience against external shocks and maintaining a balanced current account [26][27] - Future reforms in the foreign exchange sector aim to enhance convenience, openness, and security, while promoting cross-border financial facilitation [27][29] Group 6: Shanghai as a Financial Hub - Shanghai is positioned as a leading financial center in China, with ongoing support for its development through various policy initiatives aimed at enhancing cross-border financial services [30][31]