China** has seen a series of problems recently, causing A-shares to fall below the crucial 3,000 points after three consecutive days**. At the same time, India** is soaring, and the Mumbai stock index has broken through 71,000 points. This has led people to think about the problems that exist in China. In fact, the root of China's problem lies in the inaccurate positioning of the country, which leads to the wrong direction of development. Compared with India, there is a difference in positioning between China and India, which is also the fundamental reason for the difference between China and India.
The essence of China's positioning is to serve the real economy. This can be seen in numerous official documents and re-emphasized at the recent financial work conference. This means that the fundamental mission of China** is to provide financing for listed companies and facilitate their financing. In other words, the essence of China's first position is for listed companies and major shareholders, not for the majority of shareholders. In contrast, India, the United States, etc., are fundamentally different from China. Among these, the perspective is seen as an important part of the wealth of the residents, and the perspective stands with the investor. Therefore, the trading rules and regulations are focused on protecting the interests of small and medium-sized shareholders.
China** focuses on providing financing convenience for the real economy, while India, Europe and the United States** are more concerned about the growth of residents' wealth. This difference has led to differences in the trading rules, systems and starting points of the two countries.
First of all, the trading system of India** is different from that of China**. In India, ** investors can trade T0, while institutional investors can trade T3. This means that they are protected by receiving the earnings confirmed by the exchange as soon as the transaction is completed. In contrast, China's trading regime does not give the same protection.
Secondly, India** has very strict information disclosure requirements for listed companies. If a listed company commits fraud, it will be immediately delisted and banned from relisting for ten years. In addition, the delisted company must also buy back the shares held by the investors to ensure that the rights and interests of shareholders are not infringed. These measures are designed from the perspective of investors to protect their rights and interests. However, China** has relatively relaxed requirements for information disclosure and lacks similar protections.
This difference in positioning is the fundamental reason for such a huge difference between China and India. China pays attention to providing financing convenience for the real economy, while countries such as India pay more attention to the protection of the interests of small and medium-sized shareholders, so that the development direction is different. This has also led to differences in systems and measures, further widening the gap between the two countries.
Looking back on the development process of China, it is not difficult for us to find that the problem of positioning has brought many challenges. In the past few years, China** has experienced many ups and downs, and investors have suffered heavy losses. This also shows that simply positioning ** as a tool to serve the real economy may not fully adapt to the current market demand. In the context of domestic economic transformation and upgrading, the function and positioning of the first need to be further optimized.
We can learn from the experience of India and other countries to further improve China's systems and rules while protecting the interests of investors. In addition to strengthening the supervision of information disclosure, we can also explore the introduction of a more flexible trading system to better meet the needs of the majority of investors. At the same time, more attention should be paid to investor education and training, improve the risk awareness and investment ability of investors, and encourage the formation of medium and long-term investment concepts.
All in all, the accuracy of positioning is crucial to the development of **. While serving the real economy, China needs to pay attention to the protection of investors' interests and continuously optimize its systems and rules. Only in this way can we better improve the level of development and provide more stable and reliable financial support for economic development.