What are the financial industry?

The financial industry refers to a special enterprise that operates financial commodities. It includes the banking, insurance, trust industry, securities industry, leasing industry and pawn industry.

The financial industry has the characteristics of indicator, monopoly, high risk, benefits, and high debt operations. The indicator means that the index data of the financial reflects the overall and individual conditions of the national economy from various angles. The financial industry is a barometer for the development of the national economy. On the one hand, monopoly means that the financial industry is a strict control of the government. Without the approval of the central bank, no unit or individual is allowed to open financial institutions at will; on the other hand, it refers to the relative monopoly of specific financial business. In the four major commercial banks, the securities business is mainly concentrated in national securities companies such as Cathay Pacific, Huaxia, and South. The insurance business is mainly concentrated in people's insurance, Pingbao and Tai Bao. High risk refers to the financial industry is a distribution center of huge funds, involving various departments of the national economy. Units and individuals, any mistakes in their business decisions may lead to the "Domino card effect". Benefits dependence refers to financial benefits depending on the overall benefits of the national economy, and they are greatly affected by policies. High -debt business is low compared to ordinary industrial and commercial enterprises, its own funding ratio is low.

The financial industry is in the position of the national economy, and it is related to economic development and social stability. It has the functions of optimizing the allocation of funds and regulating, reflection, and supervising the economy. The unique position and inherent characteristics of the financial industry make governments attach great importance to the development of the financial industry in the country. my country has a process of understanding and development. In the past, the development of my country's financial industry was both slow and irregular. After more than ten years of reform, the financial industry has grown at unprecedented speed and scale. With the steady growth of the economy and the deepening of the reform of the economic and financial system, the financial industry has a beautiful development prospect.

Pay content for time limit to check for freenAnswer Hello, kiss! I am LZY Luo Xiaofei very happy to answer this question for you. I am honored to serve you. I will take your questions carefully and carefully. Playing and finishing the information may take a few minutes. Please wait patiently!nThe financial industry is an important department in the service industry, referring to the industry that operates financial commodities. It includes the banking industry, insurance industry, trust industry, securities industry and rental industry. 1. Banking industry: including commercial banks, central banks, policy banks, credit cooperatives, urban cooperative banks, etc. 2. Securities: ① Media savings and investment to help the new capital raises. ② Made and maintain an orderly securities market. ③ Analysis of economic and financial information. ④ Help investors conduct investment management. 3. Insurance industry: Industry that concentrates through the form of contracts to compensate for the economic interest business of the insured.nHello kiss, the above is the answer from the editor. You can refer to it. I hope it will be helpful to you. If you have any other questions, you can continue to ask me. Bleakn1 morenBleak