Mr Liu: Internet financial micro-regulation also needs to be weighed

Mr Liu said that the economy's gradual return to the challenge of a new normality would be more stressful for the banking sector and would face three risks, with undesirable increases, excess capacity, platform loans and asset risks. At the same time, the banking industry also faces the challenge of financial deregulation and interest rate marketization, the stickiness of high quality customers is reduced, the net profit margin is reduced and the market risk is increased.

He believes that the former banking sector is no longer in the blue Sea, the bank's counterparty risk is rising. At present, in the case of information symmetry, it is not easy to do the business of credit customers.

In addition, regulatory requirements increase the cost and pressure on the banking sector, and cost control is difficult for banks. On the other hand, the high quality of it and information data is a challenge that banks need to face.

He suggested that the transformation of the Bank to "light" the transition to the development of light assets business, light management, light personal service. "The restructuring of the banking industry is very stressful," he said.

Mr Liu said the two most important things in the banking industry are due diligence, the current rate of increase, banks in lending not only to work the data, but also to the company's team to understand, know the intimate, also should do due diligence. In addition, liquidity management needs to be done well.

For the wind of the internet finance, Mr Liu said, not every home is a winner, the current field of academics, who is better, it remains to be seen, if it is against the law of Financial development, in the normal distribution, defeated the financial institutions, it is wrong. Regulators should be aware of when it should be lightly regulated and when it needs to be tightly regulated.