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| Author: | Xu, Chongzheng |
| Title: | Status quo, issues and policies on China financial system (original in Chinese) |
| Journal: | Economic Reform (c)
1994 : 3, p.8-11 |
| Index terms: | FINANCIAL SERVICES FINANCIAL INNOVATION FINANCIAL POLICY CHINA |
| Language: | chi |
| Abstract: | About current China's financial system problem is that it dose not accord with development of market economy. We should transfer state specialized banks into the commercial banks, and establish policy-banks. Banks realize market-rate and central bank carries out discount rate mechanisms. Industries connect with financial business. We need to develop non-bank financial business and set up financial mechanism of promoting enterprises to face market. |
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