Theoretical Basis and Practical Experience of Financial Development Road with Chinese Characteristics
The financial development theory and financial structure theory derived from developed Western countries are far from guiding and promoting the construction and development of a modern financial system with Chinese characteristics.The Western financial development theory is difficult to fundamentally solve the core issue of common prosperity,nor can it support the construction of China's modern industrial system dominated by manufacturing,nor can it meet the inherent needs of China's innovation driven development strategy that is being fully implemented.On the basis of refining the core principles that must be adhered to in the current financial development of China,this paper constructs a theoretical framework for the modernization of the financial system with Chinese characteristics.Based on this theoretical framework,it focuses on analyzing the prominent problems and institutional obstacles exposed in the current process of financial development in China,which are mainly manifested in the frequent exposure of many phenomena,such as the savage growth of finance and the shift of financial funds from real to virtual in the process of financial development in China.The Chinese financial system still presents an indirect financing type with state-owned banking institutions occupying the dominant financing function position.The existing financial and capital markets in China deviate from the basic institutional requirements of socialist common prosperity.On this basis,important directions and key reform breakthroughs have been highlighted in exploring and building the path of financial development with Chinese characteristics.
the path of financial development with Chinese characteristicstheoretical frameworkmechanism and institutional obstacleskey reform breakthroughs
万方数据
维普
