Tuesday, February 8, 2011

China's financial information market economists Weiying be to develop

 1 26 to 30, the 41st World Economic Forum in the Swiss ski resort of Davos. This event has become an annual forecast of global economic development direction of the wind vane, the intersection of financial information to the world, but also become a major financial media compete for the stage. Noted Chinese economist Weiying exclusive interview with Xinhua here, said to be China's financial information market to develop.

Forum in Davos, the global financial media to gather and from China's Xinhua News Agency, the central two sets, and First Financial, grab

in an interview, the Weiying from a more academic approach to analyze financial information is an important aspect of the construction of the financial system. He said that information is a necessary condition for decision-making, Bloomberg, Reuters and other financial information platform in the West an integral part of the financial system,

he said, transactions. Therefore, the practicality of such financial information is very large.

for China's financial information needs, Weiying pointed out that some banks, securities companies and other institutional investors, on the macro information, industry regional data, the analysis of corporate financial information is more detailed, but also the real value of the investment needs a gap. For individual investors, they do not care about the data, but rather follow the general trend of investment in the stock ups and downs, this is unsustainable.

Weiying said, in addition to real-time information, the micro data, many data and information need behind the deep interpretation of economic relations, which is the Western financial information platform to provide essential services.

Weiying said that with the increasingly open Chinese market, stock market, bond market will develop many new products, therefore, provide real-time financial information, detailed financial data, such as the depth of the experts read more and more important. Compared with the West, China's financial information market, the financial information platform has yet to be actively developed.

Davos benchmark of international economic opinion, precisely because it offers more than just Media vigorously tap.

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