The Study Of Chinese Government Correcting Securities Market Failures

This essay is divided into five parts:the first part, the introduction, including research background, research significance, research methods, literature review and theoretical basis, innovation and difficulty,, the second part, the manifestation of market failure in the securities market of our country. The third part, the Chinese government's correction method of securities market failure and validity analysis, the fourth part, the policy suggestions of improving the effectiveness of Chinese government correct securities market failure, and fifth part, conclusions.Chinese securities market is a transitional and emerging market, and is an important part of financial market and capital market. In the operational process of the securities market, exists many market failures, such as:the information failure, distribution failure, asset prices inflation, and the expansion of global financial crisis's influence, etc. In order to develop financial market and capital market in China and the further develop the socialist market economy system, the Chinese government must ultimately develop securities market, play the economic functions, correct the market failures of Chinese securities market. Except the regulation in China securities market, correction of market failures in Chinese securities market including solving these problems:the asset prices expanding in Chinese stock market, and helps Chinese securities market being out of the global financial crisis dilemma as soon as possible, etc.Aiming at improving the effectiveness of Chinese government correction securities market failure, this paper has put forward the following suggestions:Firstly, further perfect the mixed supervision mode of our country securities market. The second one is perfecting the legal system of securities market and perfecting the information disclosure system of securities market. The third one is to standardize government regulation, government intervention moderately. The Fourth, cultivating and improving intermediaries, guide investors invest rationally. The fifth, China should establish mixed supervised stages. The sixth, comprehensively uses of various economic policies promote the development of securities market. The seventh, is to strengthen the financial regulators with other countries and international financial organizations.