Research on Financial Development under the Wenzhou Model

Author: Zhang Zhenyu
Publisher:
Publish Date: 2004-04-01
Features: As a financial industry professional from the frontline and the head of a grassroots institution at the People's Bank of China, Comrade Zhang Zhenyu is able to persist in theoretical thinking, organize and lead his colleagues in conducting in-depth practical research. This is rare and reflects the author's pragmatic and rigorous work style and academic attitude, emphasizing the forging of theory through practice and using theory to guide practice. He also has a strong voice on the development of finance in Wenzhou. At the end of 2002, the People's Bank of China decided to carry out six key financial reform pilot programs in Wenzhou, which gave wings to the soaring development of Wenzhou's finance and once again made Wenzhou a focal point of financial research. The Study of Financial Development Under the Wenzhou Model provides readers with an intuitive view of the development of the financial industry in a region relatively prosperous in private economy in China. This is the most important value of the book. Due to the crucial role of the financial industry in the modern national economic system, its rise and fall have a significant impact on the development of a region or even a country. Therefore, I hope more people will pay attention to the growth of Wenzhou's financial industry, the interactive relationship between the private economy and financial development, and the future trends of China's financial industry development.