专访清华大学国家金融研究院院长田轩：加快建设金融强国，需深化金融供给侧结构性改革

Core Viewpoint - The construction of a financial power is essential for enhancing national competitiveness and ensuring China's modernization, emphasizing the need for institutional innovation and structural reforms in the financial sector [2][4]. Group 1: Strategic Significance - Building a financial power is a key measure to enhance national competitiveness and increase China's voice in global economic governance [2]. - The focus during the "15th Five-Year Plan" period will be on quality improvement and structural optimization, promoting multi-level capital market development and enhancing financial inclusivity [2][4]. - The construction of a financial power will support the internationalization of the Renminbi and improve China's position in the international financial system [2][6]. Group 2: Pillar System of Financial Power - The pillar system of a financial power includes a sound financial market system, internationally competitive financial institutions, advanced financial technology innovation capabilities, a comprehensive legal and regulatory framework, high-level financial openness, and a stable international status of the Renminbi [5][6]. - A modern financial market system should efficiently allocate resources and mitigate risks, supporting the development of the real economy [5]. - Financial institutions should be strong and robust, with a collaborative development model among various types of institutions [5]. Group 3: Characteristics of a Financial Power - A financial power should possess strong resource allocation capabilities, high resilience of the financial system, leading financial technology innovation levels, and a well-structured financial market and governance mechanism [8]. - Resource allocation capabilities should ensure capital flows efficiently to key areas and weak links, supporting sustainable development [8]. - The financial system's resilience should effectively respond to external shocks and internal fluctuations, maintaining monetary stability and financial security [8]. Group 4: Pathways for Construction - Accelerating the construction of a financial power requires institutional innovation as the core, deepening supply-side structural reforms in finance, and optimizing financial structure [9]. - Key focus areas include building a financial service system that matches the needs of the real economy, enhancing the multi-level capital market system, and gradually expanding the openness of the financial services sector [9]. - Financial support should be increased for sectors like technology innovation, advanced manufacturing, and green development through targeted financial products [9]. Group 5: Enhancing Financial Resilience - To enhance the resilience and shock-absorbing capacity of the financial system, a systematic approach is needed, balancing development and security [10]. - Continuous deepening of financial reform and opening up is essential, along with improving the modern financial enterprise system and enhancing the competitiveness of financial institutions [10]. - Strengthening macro-prudential management and regulatory coordination is crucial to prevent systemic financial risks and ensure market stability [10]. Group 6: Recommendations for Accelerating Construction - Further deepening financial system reforms and promoting market-oriented interest rate reforms are necessary to improve resource allocation efficiency [12]. - Development of private equity funds and venture capital should be prioritized to support technology innovation and small and medium-sized enterprises [12]. - Financial technology innovation should be encouraged, leveraging new information technologies to enhance service efficiency and precision [12].