Financial Reform and Exploration of Sustainable Development

Author: Lin Houchun / Liu Qun
Publisher:
Publish Date: 2004-07-01
Features: Finance is the core of the modern economy. By grasping the main thread of the reform and opening-up of the financial system, reorganizing the financial industry strategically, and revitalizing it holistically, we can establish a financial system and market that adapt to the modern market economy system. This will fully leverage the fundamental and pivotal role of the financial industry in social resource allocation, continuously improve financial productivity and competitiveness, effectively prevent and control systemic financial risks, and achieve sustainable development for itself in the process of promoting and advancing the comprehensive, coordinated, and sustainable development of the national economy. Guided by the scientific development concept and adhering to the principle of closely combining theory with practice, this book conducts an in-depth and rigorous analysis and exploration of the latest reform progress in state-owned commercial banks, joint-stock commercial banks, trust investment companies, financial asset management companies, corporate group financial companies, and rural credit cooperatives. It proposes sustainable development strategies, conducts in-depth research on hot issues such as the causes of enterprises defaulting on or evading financial debts and bank non-performing assets, the construction of a social credit system, and the dialectical relationship between financial innovation and financial risk prevention. The book presents original insights on fundamental financial theories and is a valuable reference for financial professionals and the broader public passionate about the financial industry.