2. P2P is a concrete form of Inclusive Financing promoted by Xi Jinping

Inclusive Financing is a financial concept put forward by the United Nations in 2005, which means that all people have access to financial services. Especially those small and micro enterprises and rural areas neglected by traditional finance.

On November 12, 2013, Xi Jinping launched the "Decision of the Central Committee of the Communist Party of China on Several Major Issues Concerning Comprehensively Deepening the Reform." It is the first time that the concept of "Inclusive Financing" has been formally written into the Party's resolution and is one of the contents of comprehensively deepening reform.
2013 is called the first year of Inclusive Financing in China, and it is also the first year of P2P crazy development. More than 6,000 P2P companies in China pull deposits all over the streets. The propaganda caliber is: We are Inclusive Financing, serving small and micro enterprises and private economy with ordinary people's money.

Let's take a look at Xi Jinping's speech on February 28, 2022: "We must always adhere to the people-centered development thinking, promote the high-quality development of Inclusive Financing, and improve the modern financial system with high adaptability...."

So Inclusive Financing is a policy that Xi Jinping has been publicizing since he took office, and P2P is the implementation and concrete form of this policy.
It is reported: "China's private enterprises support 80% of China's employed population. However, China's private enterprises cannot obtain financial services from state-owned banks." Therefore, Li Keqiang proposed P2P financial reform through Internet finance so that people's money can provide financial services to private enterprises.

Due to Xi Jinping and Li Keqiang, Chinese officials have done much publicity on the P2P financial reform. And Xi Jinping has also promoted P2P in the newspapers. China has many officials and celebrities who are also promoting P2P. In addition, many P2P companies use the Great Hall of the People as the main venue to promote wealth management products to carry out large-scale publicity activities. Many senior government officials often come to the platform to give speeches to express the government's promotion and support.

It is entirely a campaign the Chinese government promotes with all its might. And it was promoted by Xi Jinping, Li Keqiang, the State Council, the Central Committee of the Communist Party of China, the Great Hall of the People, CCTV, the China Banking Regulatory Commission, and many officials. So We, staunch patriots, have to believe that all this is financial reform, and by the country's top leadership endorsed and promoted.

At that time, Xi Jinping and Li Keqiang had just come to power. Maybe they wanted to make some political achievements, do a great cause, and comprehensively deepen reform. Judging from Li Keqiang's original intention and theory, this statement is credible.