Guo: China's banking industry is not ready for bankruptcy

Why can't China's banks fail? Is the risk of the Chinese banking industry overvalued or undervalued? Why would low household savings and high corporate savings be caused? How to introduce the money from the real estate to the economy? September 28 Tencent Financial and Economic Union, invited the Central University of Finance and Economics of China Banking Research Center Director Guo (micro-bo), the Voice of China National Radio economy host Yang Xi together and you to explore the current financial problems. China's banks are not ready to go bankrupt China is not yet a precedent for bank failures. Guo said it was not the banks themselves that could not fail because we were not prepared for bank failures. This preparation includes two aspects: first, through the deposit insurance system to effectively protect the interests of depositors, the second is through the establishment of a macro-prudential supervision system to prevent the bank after the failure of the systemic risk. The opening of bank deposit interest rate is the market-oriented identification of many people's controversial banking services, Guo that the ability of banking services than before, although it has improved, but never to see, banks should be in-depth market interest rate reform to make the competition more fully, and the real market interest rate is the sign of bank deposit interest rate In addition to services, in the area of risk control, many banks are currently doing investment products, the voice of the Central radio economy host Yang Xi that the banks to enhance their profitability and level, not only by the poor deposit and loan, intermediary business is only part of the investment bank is also a profit point for the future of banking. But moderate development, control risk. Guo to this added that the bank's financial products and trust products compared to the overall risk is relatively low, the basic stability of the main. Bank shares will not be a high price, but in the long run, many investors believe that the profitability of China's banking industry is very good, just announced the semi-annual report is also good, why the purchase of banking stocks is not to make money? Guo said that the purchase of shares is expected, the banking industry, whether from the market interest rate reform and non-performing assets, and so on, there is uncertainty in the future operation, the capital pressure is also greater, any one country's banking stocks will not become a high price, but in the long run investment value. On the other hand, now many international financial capital have moved to China, long or do air, China's financial industry should be how to deal with? Guo that this is the performance of capital benefits, from the microscopic point of view, the optimization of the allocation of resources is helpful, it is not how the enterprise to deal with, but to solve the macro-level problems, to prevent these capital large-scale access, the need to strengthen the monitoring of hot money, capital project management can not blindly open.