On September 16, “Qiushi” published an article signed by Pan Gongsheng, Governor of the Central Bank, entitled “Deeply Understanding China's Financial Structural Changes to Improve the Adaptability of Financial Services to the Real Economy”. It points out that in measuring a country's financial competitiveness and the influence of an international financial center, the size of traditional financial institutions is certainly an important indicator; the degree of development, radiation capacity, and richness of the financial market is even more important. In the context of economic structural transformation, speeding up the development of the financial market is also an inevitable requirement for the financial industry's own transformation and high-quality development. Countries have different historical paths, bank-enterprise relationships, legal systems, etc., and there is no uniform model for financial structures. China's banking system will still account for some time to come, but as the economic structure changes, economic innovation becomes more active, and the complexity of economic activity increases, more attention needs to be paid to the coordinated development of direct financing and indirect financing, improving the structure of financial institutions, financial markets, and financial products, and making better use of the financial market functions.

On September 16, “Qiushi” published an article signed by Pan Gongsheng, Governor of the Central Bank, entitled “Deeply Understanding China's Financial Structural Changes to Improve the Adaptability of Financial Services to the Real Economy”. It points out that in measuring a country's financial competitiveness and the influence of an international financial center, the size of traditional financial institutions is certainly an important indicator; the degree of development, radiation capacity, and richness of the financial market is even more important. In the context of economic structural transformation, speeding up the development of the financial market is also an inevitable requirement for the financial industry's own transformation and high-quality development. Countries have different historical paths, bank-enterprise relationships, legal systems, etc., and there is no uniform model for financial structures. China's banking system will still account for some time to come, but as the economic structure changes, economic innovation becomes more active, and the complexity of economic activity increases, more attention needs to be paid to the coordinated development of direct financing and indirect financing, improving the structure of financial institutions, financial markets, and financial products, and making better use of the financial market functions.