Ever thought finance was all about big bonuses and private gains? 🤔 In the Chinese mainland, finance is seen as a strategic superpower—designed to boost collective prosperity and drive national development. Let’s dive into this fresh approach! 🔍
Unlike the Western model that relies on private incentives and the "invisible hand," the Chinese mainland’s logic measures success not just by efficiency, but by how well finance serves the majority, balances development, and supports long-term goals.
Key moves in this reorientation include the launch of the Central Financial Commission and the Central Financial Work Commission. Far from being simple bureaucratic shuffles, these bodies anchor finance firmly within the broader mission of modernization, ensuring political leadership guides financial governance.
What’s next? As the Chinese mainland continues to refine its financial system, watch for more policies that prioritize social welfare, tackle imbalances, and steer finance toward public good. This isn’t your typical Wall Street playbook—it’s finance with a collective heartbeat. ❤️💹
Reference(s):
Building a socialist financial power with Chinese characteristics
cgtn.com
