Restructuring and Optimizing the Financial System in China
- ID: 2078435
- February 2012
- Region: China
- 7 Pages
- Gateway International Group Ltd
China has gradually improved the structure of the financial system through ongoing economic and financial reforms, but, compared with the developed market economies, there are still defects in some areas. The current situation in which financial development lags behind the pace of economic development is largely the result of the fact that there are structural flaws in the financial system, so the government must take actions to restructure and optimize the financial system.