Money,Monetization and Money Supply in Economic Depression:Review on the Solution to the Economic Problem in China in the 1930s

In modern China,the change of money supply structure(deposit proportion raised) serves as a solution to the problem of short cash supply.This paper calculates the monetization level in China in the 1930s,which is in a steady increase.With the global economic crisis,the increase of money supply is kept by the support of key financial organizations in industry and commerce and some certain governmental supervision in the beginning period of taking over the Bank of China and the Bank of Communications,thus China extricates itself from a predicament.But on the other hand,governmental control on financial system makes the market lack of vigor and related reforms that could restrict government behaviors,therefore leaving disadvantageous factors.