Financial crisis theory and the sustainable development of Chinese financial industry

Under the background of economic globalization and financial liberalization,financial crises which occur often make strong impact on the world economy.This paper,starting from financial crisis theory,makes a research on the route of sustainable development in Chinese financial industry.It holds that the improvement of risk control capacity is an important guarantee for financial enterprises to cope with the financial globalization and fierce competition in financial industry,and the guarantee for the improvement of innovation.The opening up of rural financial service provides space for the sustainable development of financial industry and the improvement of quality education in finance is the basement for financial deepening.