000 03750nam a22005415i 4500
001 978-981-97-8273-4
003 DE-He213
005 20251030114548.0
007 cr nn 008mamaa
008 241127s2024 si | s |||| 0|eng d
020 _a9789819782734
_9978-981-97-8273-4
024 7 _a10.1007/978-981-97-8273-4
_2doi
050 4 _aHC
072 7 _aKCZ
_2bicssc
072 7 _aBUS023000
_2bisacsh
072 7 _aKCZ
_2thema
100 1 _aLan, Rixu.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_988153
245 1 4 _aThe Financial Development of China
_h[electronic resource] /
_cby Rixu Lan.
250 _a1st ed. 2024.
264 1 _aSingapore :
_bSpringer Nature Singapore :
_bImprint: Springer,
_c2024.
300 _aXI, 368 p. 40 illus., 3 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aUnderstanding China,
_x2196-3142
505 0 _aIntroduction -- The Establishment of China's Financial System -- China's Financial Contribution to National Economic Recovery -- The Formation and Development of “Unified” Financial System -- The Tortuous Development of the Financial Industry during the Planned Economy Period -- Establishment and Improvement of the Central Banking System.
520 _aThe book builds an overview of Chinese financial development in the past 70 years since the founding of the PRC. China's finance has experienced a complex evolution process, which could be roughly divided into two major stages. In the 30 years before the reform and opening-up, China built a new financial system through integrating finance in the old and new liberated areas, based on the development of the financial industry during the revolutionary war, and then quickly established a financial system with the simple purpose of “managing funds” to meet the needs of the centralized socialist economic system. In more than 40 years after the reform and opening up, the role of China's financial system has gradually shifted from “managing funds” to “guiding the market”. A multi-level financial system was formed and centered on the People's Bank of China, with complete functions, diverse forms, collaborative division, and mutual complement. The transformation of China’s finance functions has greatly promoted the rapid growth of China's economy for 35 years. In the current economic restructuring, the "Internet +" model, led by Internet finance, has undoubtedly triggered the "squid effect" on China's economic development and financial sector innovation. Many areas, such as third-party payment and online lending, have begun to lead globally. Furthermore, the establishment of an inclusive financial system has brought financial functions closer to their essential role of serving the real economy.
650 0 _aEconomic history.
_957506
650 0 _aMacroeconomics.
650 0 _aFinance.
_958339
650 1 4 _aEconomic History.
_957506
650 2 4 _aMacroeconomics and Monetary Economics.
_969508
650 2 4 _aFinancial Economics.
_969737
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9789819782727
776 0 8 _iPrinted edition:
_z9789819782741
776 0 8 _iPrinted edition:
_z9789819782758
830 0 _aUnderstanding China,
_x2196-3142
_972877
856 4 0 _uhttps://doi.org/10.1007/978-981-97-8273-4
912 _aZDB-2-ECF
912 _aZDB-2-SXEF
999 _c65262
_d65262