Research On Financial Risk And Its Prevention Mechanism In The Construction Of "the Belt And Road"

“The Belt and Road” initiative offers important opportunities for China's financial sector to go global and further develop.As an important strategic concept,“financing” has deepened the financial links of “The Belt and Road” countries,strengthened the financial cooperation of countries along the route,and brought new opportunities for the development of regional financial cooperation.At the same time,due to the characteristics of wide cooperation and strong financial risk transmission,“The Belt and Road” initiative has brought new challenges to the financial development of China,and has overcome its own financial system risk prevention deficiencies.In order to deal with the adverse effects of the construction of “The Belt and Road” on China's financial development,it is necessary to construct a financial risk prevention mechanism under the framework of “The Belt and Road”.It is very important to analyze the financial risk in the construction of “The Belt and Road” and to explore the mechanism of financial risk prevention.This article starts with the establishment of a financial risk mechanism,based on the content of financial risks in the construction of “The Belt and Road”,namely market risk,credit risk,national risk and liquidity risk,and the reasons for their formation,combined with the investment environment of the countries,such as multiple investment environments,the security risks of the regional and regional investment are not equal.And the adaptability of China's financial industry in the process of rapid internationalization includes the need to increase the degree of RMB internationalization,the incompleteness of the financial risk response mechanism,the inadequacy of China's own financial system,and the adaptation and integration of the financial environment needs to be strengthened,and the necessity of constructing a financial risk prevention mechanism under “The Belt and Road” framework is analyzed and discussed.On this basis,the urgency and necessity of mechanism construction are analyzed and studied by empirical analysis.This paper believes that in order to effectively prevent possible financial risks in the construction of “The Belt and Road”,a financial risk prevention mechanism under the “The Belt and Road” framework will be established.It needs to be based on both domestic and foreign perspectives.From the domestic point of view,it is necessary to enhance prevention,supervision and innovation,build a complete financial risk prevention mechanism,but also to improve cross-border comprehensive business capacity,build comprehensive financial risk prevention mechanism.From the view of foreign countries,on the one hand,it is necessary to construct the systematic financial risk prevention mechanism of “The Belt and Road”,on the other hand,to actively construct “The Belt and Road” financial cooperation coordination and sharing mechanism.