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Author: | Yin, Mengbo Jiang, Wei |
Title: | A probe of problems facing China's marketability of rates of interest (original in Chinese) |
Journal: | Banks and Companies (c)
1995 : 4, p.15-17 |
Index terms: | INTEREST RATES FINANCIAL MARKETS CHINA |
Language: | chi |
Abstract: | At present, how to reform the system of rates of interest, improve the market function of rates of interest has become a central task in transforming the means and mechanism of financial readjustment. The first step in the creation of a market and financial environment that fit in with the operation of market rates of interest. As the second step, we are to adopt the "double-track" system for the operation of both rates of interest and market rates of interest , and delimit the field of operation of each kind. The final step is to transit to the system of market rates of interest alone when chances are ripe. |
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