search query: @indexterm financial innovation / total: 190
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Author: | Liao, Luhai Xie, Xia |
Title: | Discussion on the reform of China's current financial system (original in Chinese) |
Journal: | Reform of Economic System (c)
1999 : 2, p.93-95 |
Index terms: | FINANCIAL POLICY FINANCIAL INNOVATION CHINA FINANCIAL MANAGEMENT |
Language: | chn |
Abstract: | The existing problems of our financial system are the following: the reform of the Central Bank's system is lagged the current situation of capital operation of state-owned commercial banks is supposed to be worried about; non-bank financial institutions have fairly many problems, etc. To prevent and resolve financial risks, the essential way out is to increase the degree of financial system reform, mainly including:(1)enhance financial supervision and controlling system;(2)strengthen systematic reform of financial institutions, that is, to further reform commercial banks, to improve policy-related banks, to regularly develop open-end investment corporation and rural credit association, and to establish intermediary institution dealing specially with unhealthy loans from banks and institutions of deposit insurance;and so on. |
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