Quasi-legal Financial Markets And The Normalization

The interaction mechanism of quasi-legal finance in four main aspects is researched in this paper. The four main aspects refer to lender, loaner, banker, and governor are determined or affected by many sides of quasi-legal finance such as concept definition, environment features, the realizing forms, the stages of development, possible sources, relations and interactions, functions and effects, advantages and disadvantages etc.In macro-view to research the quasi-legal financial in our country, especially to multi-relations among four main parts about quasi-legal finance, some cases in Wenzhou are compared to and searched for advantage reactions to industries meanwhile against to disadvantages. All those successful experiences are generalized into several useful rules. The way for quasi-finance to be induced to formal finance and the creation in financial reform are explored and revealed as some advices for financial policy. At the end, the conclusion is pointed out that all the four aspects of quasi-legal finance should reach to harmony balance after their struggles when the better policies can be put forward. The means of the searching thesis in theory and practice: First, a new gap of quasi-legal finance in our country is filled; Second, some new ways for small business financing are explored; Third, It is helpful for accurate judgment in the whole situations of our national finance; At last, with the research results people can distinguish core elements from complex phenomena of quasi-legal finance and avoid heavy renovating losses.