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The Empirical Study on the Competitive Efficiency in Rural Financial Market

LI Shi-me

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Abstract

Through the empirical study on the competitive efficiency in Chinese rural financial market, this paper points out that in the rural areas of our country at present, the competitive efficiency among the normal financial markets or among the normal financial market and the non-governmental financial market is very low. Therefore we must accelerate the reform of the rural financial market, reduce the access standard of the rural financial market, and cultivating the new rural financial suppliers, so as to enhance the competitive efficiency of the rural financial market.

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What this paper is about

Through the empirical study on the competitive efficiency in Chinese rural financial market, this paper points out that in the rural areas of our country at present, the competitive efficiency among the normal financial markets or among the normal financial market and the non-governmental financial market is very low. Therefore we must accelerate the reform of the rural financial market, reduce the access standard of the rural financial market, and cultivating the new rural financial suppliers, so as to enhance the competitive efficiency of the rural financial market.

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Available abstract

Through the empirical study on the competitive efficiency in Chinese rural financial market, this paper points out that in the rural areas of our country at present, the competitive efficiency among the normal financial markets or among the normal financial market and the non-governmental financial market is very low. Therefore we must accelerate the reform of the rural financial market, reduce the access standard of the rural financial market, and cultivating the new rural financial suppliers, so as to enhance the competitive efficiency of the rural financial market.

Key concepts: Indirect finance, Financial market efficiency, Financial market, Business, Market data, Financial ratio, Financial market participants, Finance

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