Investing for upgrading: the emergence of financial system of science and technology in China’s Pearl River Delta

Xiaodong Wang and Christof Morscher
Additional contact information
Xiaodong Wang: Guangdong University of Finance, China
Christof Morscher: Technische Universitat Bergakademie Freiberg, Germany

European journal of economics and management sciences, 2016, issue 3, 82-88

Abstract: This article discusses the recent reform policy in China on setting up new financial system for supporting science and technology innovation. Based on the financial sector development in the Pearl River Delta in China’s Guangdong Province, especially Guangzhou, one pilot city of Chinese Science and Technology Financial System Reform, the article analyses the problems in financial system and makes some suggestion on how to restructure the financial system to meet the financial need of local emerging high-tech industry and small and medium-sized enterprises (SMEs).

Keywords: SMES FINANCE; FINANCIAL SYSTEM; SCIENCE AND TECHNOLOGY; EMERGING HIGH-TECH INDUSTRY; CHINA (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://cyberleninka.ru/article/n/investing-for-upg ... -s-pearl-river-delta

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scn:032479:16907550

Access Statistics for this article

More articles in European journal of economics and management sciences from CyberLeninka, «East West» Association for Advanced Studies and Higher Education GmbH
Bibliographic data for series maintained by CyberLeninka ().