The General Secretary of the Supreme Leading Secretary in the provincial and ministerial level leading cadres promoted the high -quality development seminar on the opening class of the high -quality development seminar on the opening class of the high -quality development class of the financial power to accelerate the magnitude of the financial power.Economic strength, scientific and technological strength, and comprehensive national strength, at the same time, have a series of key core financial elements, namely: with strong currency, strong central banks, strong financial institutions, strong international financial centers, strong financial supervision, strong financial talentsTeam.As the first of the six key core elements of the six major financial countries, the strong currency reflects the status and role of its foundation of its financial power.Udabur Wealth Management
Currency is the basis of the financial system. It is a comprehensive manifestation of comprehensive national strength, international competitiveness and macro governance capabilities. Powerful currency means a strong comprehensive national strength and international competitive strength.At the same time, the continuous stability and strong currency is an important means to enhance national comprehensive strength and enhance international competitiveness.Historically, the pound has become a powerful currency in the world with its strong economic strength, developed financial system, and strong comprehensive national strength.At present, the United States is the world’s largest economy, and the US dollar occupies a dominant position in international reserves, payment liquidation and international trade prices.As of the end of 2023, the US dollar accounted for 54.26%of international foreign exchange reserves and 47.54%in international payment.Not only that, with its dominant position in the international monetary and financial system, the United States uses the US dollar as a weapon to build US dollar hegemony to obtain economic benefits.The status and role of RMB in the international currency financial system is not matched with my country’s comprehensive national strength.As of the end of 2023, RMB accounted for 2.12%of international foreign exchange reserves, ranking fifth in the world, and 4.14%in international payment, ranking fourth in the world.Facing the future, we need to further deepen reforms, continue to improve the relevant institutional mechanisms, and continuously enhance the international influence of RMB.Varanasi Wealth Management
Powerful currency is a prerequisite for financial better to serve the real economy.Powerful currencies can better fulfill the value scale, circulation methods, payment methods and storage means, enhance the confidence of currency holders, meet the needs of openness and cross -border investment and financing, and provide a favorable monetary financial environment for the healthy development of the national economy.The strong currency is first reflected in the stability of the currency value.The stable currency value is the prerequisite for the high -quality development of the real economy of financial services to the high -quality development of the real economy.If the currency value is unstable, finance cannot effectively play the payment and clearing function, and cannot effectively allocate resources across time and spatial space in an uncertain environment.Powerful currency also means strong national credit and powerful macro governance capabilities.The stability and strength of currency and finance are in the final analysisJaipur Stock. In the final analysis, it is supported by strong national credit.The strong national credit provides material support by strong national comprehensive strength, providing systems and policy guarantees by strong macro governance capabilities.Credit is the foundation of finance, and financial institutions such as banks serve the real economy through a credit creation mechanism.Without strong credit and currencies, it is difficult for finance to serve the real economy high -quality.
Powerful currency is a starting point for preventing financial risks and maintaining financial stability.Preventing financial risks, maintaining financial stability, and strengthening financial security are inseparable from strong currency support.Judging from the perspective of preventing risks and maintaining a stable perspective, strong currency is an important guarantee for the central bank to perform the duties of the last lender.The information asymmetry and systemic risk in the financial system objectively require the central bank to perform the function of the last lender.In the end, the liquidity support of the lender helps to stabilize the confidence of the depositor and avoid systemic financial risks caused by a single risk.As the last lender of the financial institution, the People’s Bank of China is responsible for the liquidity supervision and assistance of financial institutions to prevent system financial institutions in order to prevent systemic financial risks.From the perspective of maintaining financial security and financial sovereignty, strong currency is a solid guarantee for protecting financial security, resisting external impact, and exercising financial sovereignty independently.Without a strong currency, we can’t talk about strong central banks, nor do they have powerful policy tools and starting points for regulating finance.Without a strong currency, the country’s financial system is inevitably controlled by the international strong currency financial system. Financial institutions, financial markets, and financial centers will depend on strong international currencies and cannot develop independently and grow independently.
With the continuous improvement of my country’s comprehensive national strength, the international status of RMB has increased.Faced with the challenges of non -simultaneous economic and policy cycles at home and abroad, the central bank of my country adheres to the "master of me", the stable monetary policy is accurate and powerful, maintaining a reasonable liquidity and abundant liquidity.At the same time, in order to comprehensively deepen reform and opening up, the internal vitality is continuously enhanced, and the mutually beneficial cooperation of various countries in the context of economic globalization is the external thrust, and the internationalization process of the RMB is actively steadily promoted.Bangalore Wealth Management
(Huang Guoping, director of the Investment and Finance Research Center of the Indian Academy of Social Sciences)Chennai Stock
Hyderabad Investment
