The financial industry has the characteristics of index, monopoly, high risk, interest dependence and high debt management.
Indicators mean 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 business. 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 amounts of money, involving all departments, workplaces and individuals of the national economy, and the mistakes in its business decision-making may lead to domino effect.