What are the characteristics of financial services?

1. Less investment in financial services: the physical capital investment in financial services is less, so it is difficult to find a suitable physical unit to measure the quantity of financial services, and it is impossible to accurately define its price, so it is impossible to compile accurate price index and quantity index, so it is difficult to determine and measure the output of financial services.

2. Financial service financing intermediary: The function of traditional financial services is the intermediary of financing, while modern financial services have more and more functions related to information production, transmission and use, especially because economic activities are increasingly "financialized". Therefore, financial information has increasingly become one of the important resources of economic activities.

3. Labor-intensive financial services: Financial services are traditionally labor-intensive industries. With the increasing complexity and informatization of financial activities, financial services have gradually become knowledge-intensive and human capital-intensive industries. The intensity of human capital and the amount of information resources have become important factors that determine the ability of financial enterprises to create value and the survival and development prospects of financial enterprises in modern financial services.

4. Liberalization of financial services: In today's era of intensified domestic and international competition, financial services are undergoing tremendous changes. The influence of information technology, deregulation and liberalization has changed and is constantly shaping the field of financial services, and this trend will continue.