It reduces the risk of financial market, protects consumers from fraud by online lending institutions, and safeguards consumers' rights and interests. According to the latest government data, the number of P2P financial institutions in China has been reduced from a maximum of 5,000 to only three now. The number of borrowers in P2P institutions has decreased for two consecutive years, and financial risks have been effectively controlled. At the media meeting in China Banking and Insurance Regulatory Commission, the person in charge said that after a long period of P2P cleaning, the current financial risks have been effectively controlled, especially after the introduction of the multi-pronged policy of the central government, the industry has been well supervised and achieved positive results.

The person in charge also said that in addition to the risks of the Internet finance industry, the phenomenon of shadow banking in China has also converged. In fact, from three years ago, the government began to rectify the irregular and unreasonable off-balance-sheet shadow banking phenomenon. After three years of hard work, the scale of shadow banking has been reduced by nearly 20 trillion yuan, and financial risks have been generally controlled. Some overseas professional organizations also gave positive comments. They think that the large-scale reduction of shadow banking in China has eliminated the biggest threat to China's financial industry, and the financial industry will develop more rapidly in the future.

And in the handling of non-performing assets of banks, it is also making great strides. By the end of the third quarter, the non-performing loan ratio of China commercial banks had decreased, and the identification of non-performing loans was more standardized. Some strict banks even include loans overdue for more than 60 days in the non-performing loan sequence, which reduces the overall non-performing loan ratio and stabilizes the risks of the banking industry.

You know, even if there is a celebrity endorsement, it is for money. Finally, to sum up, it is a sentence: investment is risky and you need to be cautious when entering the market. Celebrity endorsements don't force you to buy his products, they are all suggestions, and the final decision is made by yourself at your own risk. You must distinguish this difference. Then when we invest, we will look at where the risks come from, and we will go back and find out who guarantees them. It seems that some big companies are leading the investment, and so-and-so company is supervising everything. Finally, regulatory risks emerged. So-and-so company is just an empty shell, and all their money is earned by hard work. Celebrity endorsement is very complicated. Money talks. There is no formal and strict regulatory obligation to endorse others. You must see clearly and invest rationally.

Some P2P advertisements have extremely high interest rates. We must understand that risks and benefits must coexist. There is no good thing in the world that you can get a lot of benefits without taking risks. Some people throw away their money, others want to jump off a building and commit suicide. In the final analysis, there is a gambler's psychology and no risk awareness. People who want to get more interest through large investments don't know that you are staring at other people's interest, and others are staring at your principal, and everything will have a result. Don't want to get rich through one investment; Second, all the net worth is used for investment. The principle of risk management and control is diversification of investment. Needless to say, it is clear.