Title: Building a Financial Inclusive Society in China: Ideal and Reality:A Perspective from the New Rural Financial Deal
Abstract:Inclusive economic growth needs inclusive financial development,which has been a consensus in the international community that included G20 after the burst of 2007 global financial crisis.In addition,...Inclusive economic growth needs inclusive financial development,which has been a consensus in the international community that included G20 after the burst of 2007 global financial crisis.In addition,it is well known that Chinese financial sector has made great progress.However,China has much to do to achieve financial inclusion.In 2006,The China Banking Regulatory Commission(CBRC) adopted a new rural financial deal in order to build Chinese financial inclusion.However,the New Deal has not resulted in good outcomes.There are three factors prevented new financial deal from taking effects.China should take on four strategic measures in order to build a financial inclusive society.Read More
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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