The Rule of Law Approach to Promote High-quality Development of Finance

The modernization of the law in finance of China has national strategic height, national interest dimension, financial inclusion and financial opening breadth, It has the characteristics of Chinese practice and benefits the people.At present, the construction of financial of law is faced with some difficulties, such as the supervision of digital finance, the prevention of financial risks, the coordination in the construction of foreign-related financial of law. In order to fully respond to the needs of construction of law in key areas, first, we will promote financial regulatory innovation and implement the inclusive and prudent regulatory concept on the track of marketization and law. The second is to implement departmental coordination, central-local coordination and social coordination in the prevention of systemic financial risks. Third, strengthening foreign-related financial legislation, justice and law enforcement in the context of high-level opening-up.

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Publication Details

Journal
Eximia
Published
2024-11-24
DOI
https://doi.org/10.47577/eximia.v13i1.512
Primary Topic
Insurance and Financial Risk Management
Type
article
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The Rule of Law Approach to Promote High-quality Development of Finance

Zhang Yiming
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Eximia
Insurance and Financial Risk Management
article

The Rule of Law Approach to Promote High-quality Development of Finance

Zhang Yiming
article en

Abstract

The modernization of the law in finance of China has national strategic height, national interest dimension, financial inclusion and financial opening breadth, It has the characteristics of Chinese practice and benefits the people.At present, the construction of financial of law is faced with some difficulties, such as the supervision of digital finance, the prevention of financial risks, the coordination in the construction of foreign-related financial of law. In order to fully respond to the needs of construction of law in key areas, first, we will promote financial regulatory innovation and implement the inclusive and prudent regulatory concept on the track of marketization and law. The second is to implement departmental coordination, central-local coordination and social coordination in the prevention of systemic financial risks. Third, strengthening foreign-related financial legislation, justice and law enforcement in the context of high-level opening-up.

EximiaVol. 13
University of International Business and Economics (CN)
Reduced inequalities
Openalex Percentile: Top 74%
Insurance and Financial Risk Management
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