The person in charge also said that in addition to the risks of the Internet finance industry, the phenomenon of shadow banking in China has also converged. In fact, from three years ago, the government began to rectify the irregular and unreasonable off-balance sheet shadow banking phenomenon. After three years of hard work, the scale of shadow banking has been reduced by nearly 20 trillion yuan, and the overall financial risks have been controlled. Some overseas professional organizations also gave positive comments. They believe that the large-scale reduction of the scale of shadow banking in China has eliminated the biggest threat to China's financial industry, and the financial industry will develop faster in the future.
In the handling of non-performing assets of banks, it is also a big step forward. By the end of the third quarter, the non-performing loan ratio of China commercial banks had declined, and the identification of non-performing loans was more standardized. Some strict banks even include loans overdue for more than 60 days in the non-performing loan sequence, which reduces the overall non-performing loan ratio and stabilizes the banking risks.
You know, even if there are celebrity endorsements, it's all for money. In the end, it is all in one sentence: investment is risky and you need to be cautious when entering the market. Celebrity endorsements don't force you to buy his products, they are all suggestions, and the final decision is up to you at your own risk. You must distinguish the difference. Then when we invest, we will see where the risk comes from. Let's go back and see who guarantees it. It seems that some big companies are leading the investment, and so-and-so companies supervise everything. Finally, regulatory risks emerged. So-and-so companies are empty shells and their money is sweat. Celebrity endorsement is very complicated. Money talks. There is no formal and strict regulatory obligation to support others. You must see clearly and invest rationally.
Some P2P advertises extremely high interest rates. We must understand that risks and benefits must coexist. There is no good thing in the world that can get a lot of benefits without taking risks. Some people throw away their money, others want to jump off a building and commit suicide. In the final analysis, there is a gambler's psychology and no risk awareness. People who want to get more interest through a large investment don't know that if you stare at other people's interest and others stare at your principal, everything will have a result. Don't want to get rich through one investment; Secondly, all the money is invested. The principle of risk management and control is to diversify investment. Needless to say, it is clear.