Confusion and Choice of Financial Innovation in China under the Background of American Sub-prime Mortgage Crisis

Through the reflection of the relationship between sub-prime mortgage crisis and financial innovation,this passage declares the active influence of financial innovation,analyzes financial innovation's role that plays in the sub prime mortgage crisis,proposes financial innovation's important strategies and principles in the development of China's financial system:financial innovation should be carried out in reasonable range,and follow the rules of risk can be controlled and cost can be calculated to perfect financial supervision system further more,and well handle the relationship between financial innovation and financial supervision.