USEUROPEAFRICAASIA 中文双语Français
Home / World

Promote financial reforms

By China Forum | China Daily | Updated: 2013-08-08 08:11

Unbalanced macro structure has resulted in lack of flexibility and a high concentration of risks in the banking system

China urgently needs to launch a new round of financial reforms in response to the mounting systematic risks in the country's financial system.

Since the microprudential reform approach of the last round of reforms, with its emphasis on certain fields and financial institutions, is unfit for the new features and trends of the current financial system, the accumulation and evolution of systematic risks in recent years is crying out for a new round of financial reforms with a macroprudential perspective to soften the impact of the economy-wide fluctuations and economic restructuring.

Promote financial reforms

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US