An Empirical Study On The Problem Of 'Shift From Real Economy To Virtual Economy' In The Financial Products Of Commercial Banks In China

With the continuous development of China's market economy,the degree of finan cial liberalization continues to improve,and financial innovation emerge in an endless stream.How to better serve the real economy of financial products has become an im portant topic.In the financial market under the background of asset management prod ucts,Internet banking and other financial innovations have emerged,especially as an i mportant part of the asset management program of commercial bank financial products,increasing the size of the body,the operating mechanism is more complex,facing off real to virtual reality.In practice,the banking financial institutions accounted for 12%of the total assets of the financial business behind the existence of rigid honor,chan nel and nested and self circulation from the real economy contradiction,increasing the financial risk of cross transmission,uplift the economic entity financing costs,weake n the financing efficiency of the real economy.How to combine the implementation of the policy,the real economy and the com mercial banks in China's financial market operation,comprehensive research and demo nstration of financial products off the real to the imaginary problem and find the inter nal relationship,and to determine whether the hot problems and inspection of commer cial bank financial products and the like,to accurately describe and observe its evoluti on and its consideration profound influence,has become the focus of this paper.First,it introduces the connotation,classification and characteristics of financial pr oducts of commercial banks,systematically combs policies and measures,and elaborate s on the outstanding performance of 'de real to virtual' problems.Second,by construc ting an event model of the expected yield and representative policy implementation of commercial banks,we prove that the problem of rigid payment reflects the insufficie nt feedback to regulatory policies and interventions to a certain extent.Third,through the correlation matrix of the underlying assets,the economic indicators of the importa nce of construction of commercial bank financial fund balance of financial products an d investment,take the dimensionality reduction and cointegration means of processing,verification to some extent channel and nested and self circulation.Finally,combined with the results of the analysis,the concrete countermeasures to standardize the devel opment of commercial banks' financial products are put forward to provide some refer ence for the financial supervision department.