||This text will discuss the financial reform and the monetary policy in China|
opens progress since 1979, from it understanding the China government has already
opened which financial markets, and discussing the present condition and problems
of these financial markets, and analyzing whether these financial markets reach the
purpose by the monetary policy that the China government have like to maintain
economic growth and price stabilize or not.
This text will aim at the commercial bank, stock market, foreign exchange
market of China three sections to conduct a research. Commercial bank's lifting the
ban gradually has to cause the China authorities face the NPL’s problem of bank,
and their bank have to compete with foreign capital bank with functional deficiency.
And the open of stock market cause the China residents get bogged down in an
investment upsurge, but the not perfect system and corrupt make the China economy
appear a bust condition. The reform of exchange rate causes the pressure of China
export, and has influence to the domestic monetary policy.
At the moment China still is placed in a high economic growth, low inflation
stage, but also appears excessive of exports surplus and the monetary credit throws.
How to avoid possible inflation and make the economic growth not too boom is the
focus that China authorities and the scholars pays attention to.