Huang Qifan: What is the essence of finance? (Simple and easy to understand)

Some brothers asked me, what is the essence of finance in China?

Here, I quote three sentences from Mayor Huang Qifan:

First: Manage money for the rich, finance for the poor;

Second: The core essence of financial enterprises lies in the three links of credit, leverage, and risk; one must grasp the balance of these three links;

Third: The purpose of all financial activities is to serve the real economy. ​​​

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