The former Minister of Finance, Lou Jiwei, said on Saturday (March 18) that the international financial market fluctuates and raises interest rates quickly. From a historical point of view, it may leadEssence

According to the surging news report, Lou Jiwei said at the 2023 meeting of the Global Wealth Management Forum that the international financial market fluctuated, and the ultra -conventional monetary fiscal policy adopted by countries during the prevention and control of the epidemic caused the government and family.The leverage rate of enterprises and financial institutions is easy to rise and difficult to increase, which has exacerbated inflation upward. Its influence has overflowed to the global financial market.The rotation crisis overflows to emerging markets.

Lou Jiwei said: "Although facing a series of challenges, we are expected to achieve about 5%of economic growth in 2023. We will prove to the global partners with actual actions that the will of China's open development will always always beIt has not been shaken, and the pace has never stopped. "

Lou Jiwei also emphasized that it is necessary to improve the regulatory system and strictly adhere to the risk bottom line.Recently, the bankruptcy incident of Silicon Valley Bank prompts the financial market has been impacted in the changes in monetary policy. "In order to avoid systemic risks, the Fed and FDIC spoke together to protect all the deposits of depositors.I will adopt similar policies. I see that some market financial institutions also actively provide liquidity to first -communities and banks. "

Lou Jiwei said that the Chinese government attaches great importance to preventing and resolving systemic risks.Further improve financial supervision, including the newly established State Administration of Financial Supervision and Administration after the two sessions, and optimize and adjust the setting and functional positioning of regulatory agencies."We will continue to cooperate with the financial supervision of various countries to jointly prevent and resolve global financial systemic risks, and maintain the stability and prosperity of the global financial market."