---The Development and Practice of Financial Statistics
On September 27, 2022, Mr. Li Tengfei was invited to our college to give a lecture on the topic of "Development and Practice of Financial Statistics" at an industry forum. This industry forum focuses on sharing the development process of financial statistics, exploring how to do a good job in financial statistics and how to better tap the value of data in the context of the steady progress of comprehensive statistics and basic data statistics in the financial industry.
Firstly, Mr. Li Tengfei introduced us to the content of financial statistical data and provided us with a detailed explanation of the scale of social financing involved. The scale of social financing includes two aspects: incremental data and stock data. Incremental data refers to the financing scale of the financial system to the real economy over a period of time, including indirect financing, off balance sheet financing, direct financing, etc. Meanwhile, Mr. Li Tengfei believes that the role of financial statistics is twofold: firstly, to provide precise targeted support for the formulation of monetary policy; secondly, to monitor the development of the financial industry and serve macro prudential management.
Afterwards, Mr. Li Tengfei introduced us to the various development stages of financial statistics from the perspectives of statistical basis, statistical objects, and statistical content. The three stages of financial statistics development are report statistics, exploration of detailed data statistics, and comprehensive statistics of the financial industry. The report statistics mainly include the balance sheet of assets and liabilities, statistics on various special loans, and monitoring of the money supply. The statistical stage of exploring detailed data expands from report statistics to detailed statistics, and from quantity statistics to price statistics. Comprehensive statistics of the financial industry include statistics on social financing scale, comprehensive asset management statistics, statistics on pilot financial holding companies, statistics on pilot systemically important banks, and statistics on financial basic data.
Finally, Mr. Li Tengfei introduced us to the practice of financial statistics. Financial statistics require efficient data processing capabilities, including locating abnormal data, integrating data from different sources, and organizing analytical data. At the same time, it introduced us to the tools VBA and Python for conducting financial statistics. Mr. Li Tengfei proposed that the ultimate goal of financial statistics is to see the essence through data.
In the questioning session, students will ask questions about their tendency towards statistical analysis of financial management and fund trust returns, employment directions in financial statistics, learning priorities in financial statistics business knowledge, and the future development prospects of financial statistics. Mr. Li Tengfei provided detailed answers to these questions one by one, and the students benefited greatly. Through this forum, students have gained a more comprehensive understanding and comprehension of financial statistics.
Contributors: Chen Yihan, Lei Yudi, Hu Wenxuan
Image provided by: Gui Jinghan
