Weaknesses of China's Financial Supervision System:Improvement and Perfection
Cuixia Liu
Abstract
Cuixia Liu
Abstract
Presently,the whole world is reflecting the reform problem of financial supervision system in post-crisis era.In this case,China's financial supervision system also exposes various kinds of deficiencies,and needs reform.Wen Jiabao pointed out in the government work report of 2010 that,perfecting financial system is an important measure to deal with international financial crisis impact,and it demanded to advance the construction of deposit insurance system.Therefore,we should perfect the financial supervision system,stabilize the financial market,transit from organizational supervision to functional supervision gradually,strength the coordination among the regulatory agencies,strength the protection to the financial consumers,build deposit insurance system,take precautions against and reduce financial risks.
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Presently,the whole world is reflecting the reform problem of financial supervision system in post-crisis era.In this case,China's financial supervision system also exposes various kinds of deficiencies,and needs reform.Wen Jiabao pointed out in the government work report of 2010 that,perfecting financial system is an important measure to deal with international financial crisis impact,and it demanded to advance the construction of deposit insurance system.Therefore,we should perfect the financial supervision system,stabilize the financial market,transit from organizational supervision to functional supervision gradually,strength the coordination among the regulatory agencies,strength the protection to the financial consumers,build deposit insurance system,take precautions against and reduce financial risks.
Key concepts: Business, China, Finance, Financial crisis, Financial regulation, Work (physics), Government (linguistics), Perfection