The financial industry has the characteristics of index, monopoly, high risk, interest dependence and high debt management.
Indicators refer to the fact that financial indicators reflect the overall and individual situation of the national economy from all angles, and the financial industry is a barometer of the development of the national economy;
On the one hand, monopoly means that the financial industry is strictly controlled by the government, and no unit or individual may set up financial institutions at will without the approval of the central bank;
On the other hand, it refers to the relative monopoly of specific financial banks. Credit business is mainly concentrated in the four major commercial banks, securities business is mainly concentrated in national securities companies such as Cathay Pacific, Huaxia and Nanfang, and insurance business is mainly concentrated in PICC, Ping An and Pacific Insurance. High risk means that the financial industry is a distribution center of huge funds, involving all sectors of the national economy;
Any mistakes in business decisions of units and individuals may lead to "domino effect";
Interest dependence means that financial interests depend on the overall interests of the national economy and are greatly influenced by policies;
High-debt management means that the proportion of self-owned funds is lower than that of general industrial and commercial enterprises.