News: 2024.03.24
Accelerating the mainland's financial supply-side reform is crucial to improving financial efficiency. Commercial banks need to get rid of the "balance sheet expansion trap" as soon as possible to better meet market demand and promote stable economic growth.
According to the latest data, mainland China’s per capita consumption during the Spring Festival and social retail growth in the first two months performed well, indicating that the consumer market still has huge potential. Therefore, financial institutions should increase their support for the consumer sector and promote economic transformation and upgrading.
As an analyst in the Financial Market Department of China Construction Bank, Zhang Tao pointed out that financial supply-side reform is one of the important tasks of the current financial industry. Through reform, commercial banks can better adapt to market changes, improve financial efficiency, and achieve sustainable development.
Zhang Tao said that the future of the financial market will be full of challenges and opportunities. With the continuous development of science and technology and the continuous improvement of financial regulatory policies, financial institutions need to continue to innovate, improve service levels, and meet customer needs.
In the mainland financial market, emerging areas such as financial technology and green finance will become the focus of future development. Zhang Tao suggested that financial institutions should increase investment in these areas and promote the high-quality development of the financial industry.