I certainly suggest that China's financial market be open to the outside world. The development of one thing is bound to have two sides. Although in a short time, China's financial market may fluctuate in the face of the impact of international financial markets, in the long run, internationalization is a trend. China's development has been very rapid, and it will go through such a stage sooner or later. Therefore, China's financial market should be open to the outside world and face the world, so as to better connect with global capital. First, the concept of financial openness.

Financial openness means that insurance companies, securities firms, futures companies and credit rating agencies all over the world can set up wholly-owned companies in China. This change is great and touches the nerves of the domestic financial industry. For China's stable financial system before, it is definitely risky, but since China is already a member of nationalization, we should also open our doors to meet the products of other countries, so as to be more conducive to improving China's internationalization level. Second, it is conducive to the further development of China's economy.

The closed-door policy of the Qing Dynasty left us with a bitter experience, which led our country to lag behind the western countries for many years. Therefore, if China wants to further develop its economy and focus on economic globalization, it should open its own financial market, so as to attract more foreign-funded enterprises to invest in China. It can not only improve the diversity of finance, but also learn from the advanced financial concepts of foreign-funded enterprises, improve and make up for the previous deficiencies, and improve China's financial level. Third, we should be cautious about this.

The development of new things has two sides. The opening of the financial door will inevitably have a certain impact on China's financial market, but it is precisely because of this impact that we will grow and develop in the future. Therefore, in the face of the impact of the international financial market, we should be cautious, advance in stability, develop in progress, and find our own direction of financial development, so as to stabilize the financial market.