Reform of Financial System

Guoqiang Tian and Xudong Chen ()
Additional contact information
Xudong Chen: Shanghai University of Finance and Economics

Chapter Chapter 24 in China’s Reform: History, Logic, and Future, 2022, pp 325-339 from Springer

Abstract: Abstract The main problem is that China’s financial market is under excessive government regulation and operates as a state-owned monopoly with strong access barriers. This distorts financial resource allocation, makes it difficult and expensive to finance medium-sized and small private enterprises, and leads to industrial hollowing-out. It is thus imperative to intensify China’s reform and opening-up.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-981-19-5470-2_24

Ordering information: This item can be ordered from
http://www.springer.com/9789811954702

DOI: 10.1007/978-981-19-5470-2_24

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().