Specifically, the establishment of the General Administration of Financial Supervision may bring the following benefits to the public:
1. More standardized financial markets. The General Administration of Financial Supervision will conduct unified supervision over various institutions and products in the domestic financial market, promote the standardized development of the financial market, further reduce the occurrence of non-performing assets and financial risks, and protect the legitimate rights and interests of ordinary people.
2. More stringent financial supervision. The General Administration of Financial Supervision will supervise financial institutions and financial products more strictly, reduce the occurrence of financial irregularities from the source, improve the risk prevention ability of the financial system, and make the financial investment of ordinary people safer and more reliable.
3. More transparent financial markets. The General Administration of Financial Supervision will strengthen the openness and transparency of financial market information, improve people's understanding and participation in financial markets, and make people's financial investment more clear and transparent.
Generally speaking, the establishment of the General Administration of Financial Supervision will help to build a more stable, transparent and secure financial system and fundamentally protect the financial security and interests of ordinary people.