Finance isn’t just for private gain—on the Chinese mainland, it’s a strategic tool for collective prosperity 😮💨. Rather than letting markets run wild, the focus is on serving the majority and tackling development gaps.
At the heart of this shift are two new bodies: the Central Financial Commission and the Central Financial Work Commission. These commissions ensure financial policies line up with long-term national goals and modernization efforts.
Key takeaways:
- Finance as a public service: Moves beyond efficiency to measure success by social impact.
- Strategic leadership: Political guidance anchors finance within broader development missions.
- Balancing growth: Aims to reduce imbalances and promote shared gain.
For young pros juggling startups, careers, and digital wallets, this approach shows finance can do more than support personal goals—it can drive wider social progress 🌍.
So, whether you’re in Bengaluru launching a fintech startup or in Manila weighing investment options, you’ll find this shift inspiring—it shows finance can be a force for social good 🌟.
Reference(s):
Building a socialist financial power with Chinese characteristics
cgtn.com
