Fiscal support should also be balanced with financial support to increase the multiplier effect of the latter. Fifth, blueprint the harmonious reform, development and opening-up of financial industry. The development of China’s financial industry benefits from its opening up.
During the opening-up process, we have learned how to employ financial instruments and international capital to serve economic development, and domestic financial institutions have improved their management amid market competition. So it has always been China’s basic policy to further open up its financial industry.