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| Tekijä: | Shi, Wei |
| Otsikko: | An analysis on the financial deepening in China (original in Chinese) |
| Lehti: | Research on Financial and Economic Problems (c)
1998 : 8, p.9-14 |
| Asiasana: | FINANCIAL POLICY FINANCIAL INNOVATION BANKS MANAGEMENT MONEY MARKETS CHINA |
| Kieli: | chn |
| Tiivistelmä: | The financial reform has promoted the increase of currency level of the economy, the innovation of financial institutions and organizations, the development of financial market, and the steady advance of the reform of interest rates. However, compared with developed countries, there obviously exist some problems in the progress of China's financial deepening: the deformed structure of financial assets, a large increase in the quantity of financial institutions, the imperfection of the organizational structure, the unbalance of the structure of assets and liabilities, the lack of elasticity in interest rates, the unbalanced development of the financial market, etc. Therefore, the focal points of financial deepening lie in accelerating the development of direct financial tools, improving the banking system and the quality of assets. |
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