Experts call for financial literacy to support digital economy growth

As the digital economy continues to expand, a growing demand for technical talent has made fostering financial literacy and business acumen an essential priority, experts said at a forum in Beijing on Saturday.

"We should highlight the nation's financial and economic value orientation and establish a distinctive framework for financial literacy education standards," said Yu Bin, former deputy director of the Development Research Center of the State Council.

Yu made the comments at the financial literacy education forum hosted by China Economic Times, a daily newspaper affiliated with the Development Research Center of the State Council.

As a sub-forum of the Economic Forecast Forum Annual Meeting 2024, the event aimed at promoting financial literacy education and advancing the development of a talent-driven nation.

Yu said that mastering financial literacy not only helps people handle basic life skills, but also helps them to make more reasonable choices. "Everyone should be responsible for their own choice, recognizing the economic risks at first time," he added.

"We could put the financial literacy education into the national education system, formulating new plans to promote the construction of course, textbook and teaching system nationally," Yu said.

Han Jin, president of the Chinese Society of Educational Development Strategy, said that financial literacy education should be integrated with traditional Chinese culture and the core socialist values, focusing on shaping students' values and world views. "This approach aims to enhance their sense of social responsibility and practical abilities," he added.

Yin Mingyue contributed to this story