financial reengineering in China

This book attempts to discuss China’s financial system reconstruction from the perspectives of framework design and evolutionary path driven by the trend of mixed operation and private finance. Under the global trend of mixed operation, China’s private financial institutions must think about issues, such as satisfying the demand for cooperation between sub capital markets, accelerating financial product and service innovation, harnessing the comparative advantages of the underdeveloped Chinese financial regulation system. The development of private finance will eventually facilitate China’s financial system reconstruction as well as China’s economic reform.