IDEAS home Printed from https://ideas.repec.org/a/taf/rcejxx/v11y2018i1p25-43.html
   My bibliography  Save this article

The development of China’s financial system: a global perspective

Author

Listed:
  • Zhu Min
  • Chen Weidong
  • Zhou Jingtong
  • Gai Xinzhe
  • Xiong Qiyue

Abstract

China’s financial sector has undergone remarkable changes since the implementation of the reform and opening-up policy. China’s finance sector is playing a more and more important role in the world’s financial system: once a ‘support act’, China has now taken to the international stage as a leading figure. The development of China’s financial sector is prominent worldwide with financial institutions increasing dramatically in both number and variety, and the scale of financial assets expanding at an astounding rate. Globally, China’s banking sector ranks largest in size, the market value of the stock market second, and the balance value of the bond market and the premium revenue of the insurance industry third. China has become one of the leading countries in the development of the financial market.

Suggested Citation

  • Zhu Min & Chen Weidong & Zhou Jingtong & Gai Xinzhe & Xiong Qiyue, 2018. "The development of China’s financial system: a global perspective," China Economic Journal, Taylor & Francis Journals, vol. 11(1), pages 25-43, January.
    • Handle: RePEc:taf:rcejxx:v:11:y:2018:i:1:p:25-43
    DOI: 10.1080/17538963.2018.1411057
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17538963.2018.1411057
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17538963.2018.1411057?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Abbas, Qamar & Hongxing, Yao & Shahbaz, Muhammad & Ramzan, Muhammad & Fatima, Sumbal, 2024. "Metallic minerals production and environmental sustainability in China: Insights using ARDL bounds testing and wavelet coherence approaches," Resources Policy, Elsevier, vol. 92(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcejxx:v:11:y:2018:i:1:p:25-43. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcej .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.