Wang Yongli

Wang Yongli

Former Vice President of Bank of China

Wang Yongli: China's financial reform can lead to great development Wang Yongli: Penetrating the Essence of Money and Controlling the Gate of Total Amount Wang Yongli: Can blockchain really subvert double entry bookkeeping? Wang Yongli: Don't talk nonsense about the national foreign exchange reserves Relevant departments should strengthen cooperation and properly handle risks of private equity funds Wang Yongli: How to reform the balance sheet of the central bank? Wang Yongli: RRR reduction is not necessarily a flood that cannot become a restricted area of monetary policy! Wang Yongli: Trade war may be inevitable! RMB internationalization needs the help of bulk commodities Wang Yongli: China's finance must accelerate the direction of transaction finance Wang Yongli: More Flexibility Is Needed in 2018 Macro regulation Wang Yongli: Eight pain points of the blockchain Wang Yongli: Why does virtual currency cause crisis? Wang Yongli: Will the launch of Bitcoin futures trading drive its price to soar? Wang Yongli: Bitcoin does not have the essence of money, and has no real value support Wang Yongli: Why the Central Bank's foreign exchange reserves and foreign exchange funds are separated Cooperate with the "Belt and Road" initiative to effectively accelerate the construction of RMB international financial center Wang Yongli: "RRR reduction" should not be a policy forbidden area Foreign exchange reserves are of vital importance and should be actively responded to The central bank's foreign exchange funds and foreign exchange reserves are not completely corresponding Adjusting deposit reserve ratio kills two birds with one stone China's GDP may surpass that of the United States in 2039 The contrast of central bank assets between China and the United States is worth studying The Central Bank's announcement of the early launch of digital currency has far-reaching significance New era of Internet calls for new Internet finance The prospect of RMB internationalization is bright Who is the IMF after the IMF reform? The healthy development of Internet transactions requires more rules and intermediaries Don't be too excited about RMB joining SDR Don't expect too much to let go of the second child Marketization of interest rates should be closed with caution It is inevitable to have two drops on the day of frost The decoupling of US dollar and gold is not the root of US financial hegemony The core of Internet finance is the product trading platform Internet finance needs accurate definition and positioning Banking profit growth faces a major test Fiscal and monetary policies must be highly coordinated during the economic shift The future of credit reporting industry lies in cooperation and standardization The impact of RMB going global is not so terrible The financial data in June is optimistic, but the real economy is still not active enough Building a credit registration system of citizenship requires the state to establish and promote the project as soon as possible The most panic stage of China's stock market has passed The Central Bank should publish the RMB exchange rate index in the decade of foreign exchange reform Take all measures to resolutely stop the stock market from falling below the bottom line The central bank can implement the Chinese version of QE when necessary Quantitative easing of money and sustainable fiscal liabilities The strength of double reduction is not great, but it is important to stabilize the capital market We must treat the country's overseas net assets and net income rationally To further promote the mixed reform of banks Promoting interest rate marketization also needs to establish a fair competition financial environment There is still room to rise after the stock index climbs 5000 points, and the fluctuation range increases It is an inevitable trend for finance to move towards strong and mixed industry The central bank should clarify the reasons for the sudden start of positive repo It is of great significance to vigorously develop the bond market Monetary policy needs more easing to ensure 7% Insufficient effective demand will bring great challenges to macro policies Wang Yongli: The effect of interest rate reduction should not be overly optimistic, but should still focus on the reduction of reserve ratio Wang Yongli: Strict Accountability for Unapproved Independent Expansion of Local Debts Wang Yongli: The central bank's RRR reduction exceeded expectations but was reasonable The loose monetary policy should give priority to the reduction of reserve ratio The Impact of RMB Internationalization on Domestic Monetary Finance and the Countermeasures Counterattack of ruble exchange rate: Russia is restraining appreciation The central bank needs to moderately reduce the deposit reserve ratio To really implement the deposit insurance system, rigid cashing needs to be lifted Stabilizing the real estate market is an important link in the current steady economic growth This bull market will continue to heat up to 6000 points An open AIIB is more meaningful and charming The investors of financial products sold on a commission basis should be responsible for their own profits and losses Why the interest rate of some local bonds is lower than that of government bonds The traditional timing point of China's banking industry is rare in the world International Monetary Policy Needs Coordination Establish the review system of state-owned balance sheet report