WTO & The Development of Chinese Finance

Abstract

China's WTO Entry will bring both opportunity and challenge to Chinese finance. To meet the new situation, Chinese finance must find a new way of development: relax the restrictions of financial annex, cancel the system of decentralized management progressively, give energetic support to developing and improving financial medium stups, improve the circulate funds guarantee system of medium and small enterprises, encourage new financial ideas, enhance the profit ability of banks.