个人理财产品在短期内能够满足储户在负利率时期要求存款高回报的意愿,但从长期看,储蓄存款过度转换成理财产品将增加银行体系的系统性风险。解决之道在于加快利率市场化改革步伐,引导储蓄理性回归银行表内业务,有效降低银行体系的系统性风险,促进银行业平稳、健康发展。 In the short term, personal wealth management products will satisfy the depositors’ desire to deposit at a negative interest rate. However, in the long run, excessive conversion of savings deposits into wealth management products will increase the systemic risk of the banking system. The solution is to speed up the pace of marketization of interest rates and guide the rational return of savings to the business on the table of banks so as to effectively reduce the systemic risk in the banking system and promote the steady and healthy development of the banking industry.