Early
Northern Remember
"The biggest tragedy of the state -owned enterprise, the biggest tragedy of the old enterprise is to be the right level."
After the China People's Congress and the CPPCC Annual Meeting) announced the reform plan of the State Council this week, a Beijing friend sighed with a ridiculous tone that many financial regulators can reduce salaries now, just like Chinese state -owned enterprises, just like Chinese state -owned enterprisesAfter the boss was appointed an official position, salary benefits were greatly reduced.
In order to strengthen supervision and "solve the prominent contradictions and problems of long -term existence of the financial sector," China is about to carry out a new round of financial regulatory system reform. The relevant plans have submitted a review of the National People's Congress as some of the contents of the State Council's reform.
On the whole, the reform of the Chinese State Council this time is not large -deeper and large -scale reforms, that is, the reform of the Communist Party of China, and the reform of party and government relations, it is estimated that it will not be announced after the two sessions.
As far as the reform of the State Council alone is concerned, the financial system is a large area of adjustment. The official will form the State Administration of Financial Supervision and Administration (referred to as the State Financial Management Bureau) to uniformly take charge of the financial industry supervision other than the securities industry.
The original Securities Regulatory Commission will be retained, but from the public institutions directly under the State Council, it will be adjusted to the directly -owned units of the State Council. Like the new State Financial Management Bureau, it implements civil servants' preparation and salary system.The original China Banking Regulatory Commission will withdraw.
Officials say that the purpose of this round of reform is to prevent risks, streamlist functions, and improve efficiency. However, for the existing staff of the CSRC and the CBRC, the most direct impact of reform may be a big salary reduction. In the futureIf you want to go to the sea immediately, you may also be more powerful.
Like many countries, although China's financial regulators are also in the system, their salary is quite flexible. In addition, the treatment after performance bonuses is significantly higher than that of civil servants at the same level. Among themHigh -level salary is significantly higher.
On the day of the announcement of this reform plan, Bloomberg quoted Chen Zhiwu, a professor of finance at the University of Hong Kong, pointed out that as the Securities Regulatory Commission and the CBRC's employment was changed to a direct institution of the State Council, the salary of staff may be halved. "They will not be happy."" ".
Report also quoted people familiar with the matter that the primary income of the Securities and Futures Commission was about 20,000 yuan (RMB, the same below, the same, S $ 3900), and the remaining 10,000 yuan may be reduced after the reform.
More than that, although China stipulates that as early as 2009, the staff of the Securities Regulatory Commission must go through the "freezing period" of one to three years to go to the supervisory objects such as securities companies and fund companies, but some people have been able to avoid the "freezing period"" ".After this reform, financial regulators will be directly jumped and believed to be more strictly examined.
From a large perspective, this is another step in the past year to rectify the salary of the financial industry, the income gap between the industry in the industry, and the high income in the industry.The deeper compensation adjustment in the Chinese financial industry has been in progress.
Many people noticed that before the two sessions, the Central Commission for Discipline Inspection of the Communist Party of China issued a post on February 23, and the words were strongly pointed out that it was necessary to break the "financial elite theory", "only money theory", and "Western watching theory".Alarm clock, once again set off a salary reduction public opinion.
中纪委当时在题为坚决打赢反腐败斗争攻坚战持久战的长文里，还强调要坚决摒弃“例外论”“特殊性”“优越性”，整治过分追求生活“精致化”、Taste of "high -end" hedonism and extravagant winds, treat both hedonism and extravagant winds as corruption.
In 2022, the Chinese Securities Industry, Fund Industry, and the Finance Department of the Ministry of Finance all issued a "salary limit order".Among them, the Finance Department of the Ministry of Finance in early August ordered that the salary of state -owned financial enterprises should be tilted to front -line employees to reduce the gap between internal compensation.
Today, the reform of the State Council's institutions directly incorporate financial supervision personnel into a civil servant sequence. With more vivid actions, the financial industry abandons "exceptions", "specialties" and "superiority".
Is the income of Chinese financial personnel too high?
It should be said that compared to other industries in China, the salary of the financial industry is very high, and the salary of the securities industry is the peak of the financial industry.
China Economic Weekly reported last year that the average salary of employees in the financial industry was 2.35 times that of the manufacturing industry; the average salary of the securities industry executives was nearly three times that of manufacturing executives.However, compared with foreign -funded and joint venture brokers, there is still a significant gap between China Securities Corporation.
Some people are worried that a round of salary reduction may cause financial supervision talents to lose to financial enterprises, and the talents of Chinese financial companies have been lost to foreign -funded enterprises.This may lead to the lack of competitiveness in China's financial industry, insufficient financial supervision talents, and not enough to prevent various financial risks.
However, regulating the high income of the financial industry seems to be one of the measures to achieve common prosperity goals, and it is bound to continue to implement it.Moreover, the competitiveness of the financial industry is not the most critical. The highest level in China emphasizes the focus of the development of the economy in the real economy. It is believed that the real economy is the foundation of a country's economy and the manufacturing industry is the foundation of the real economy;Science and technology self -reliance is the key to whether China can fully build a socialist modern power as scheduled.
In contrast, the task of the financial industry is to serve the real economy and prevent risks from internal and external.From this perspective, the development trend of China's financial industry is even more clear.
