The Level Of Financial Development: Comparison And Analysis

The Chinese finance has reformed more than 20 years and has gotten a big success. In soon cashes joins the WTO correlation provision before the pledge, we reviews the Chinese finance development questions, sums up experience and find the problems ,which has the certain theory and the practical significance.The full paper divides four parts, the first part is the fundamental presentation about the financial development theory research course, followed by international and the domestic concerned scholar's research, this also is a background which this article selects a topic; The second part is the real diagnosis analysis, namely to Chinese finance level of development target measure, this is the financial development concrete manifestation. The article shows four gross variables, they respectively are Chinese currency expansion coefficient, the Chinese non- currency finance property release coefficient as well as the Chinese finance correlation coefficient. I respectively take the dependent variable by these four variables, carry on the linear return by the years as the dependent variable and obtain a series of equations, then I carry on the examination to these equations, possibly appears the autocorrelation to the variable, the difference carries on rectifies. The third part is the comparative analysis, because the finance level of development height can appear only through the comparison. I carry on the time series for the longitudinal comparison, separately inspected the total quantity of Chinese finance property, the Chinese finance resources disposition efficiency, the area financial development and banking industry's present situation. Then I take international comparison on the cross wise, from the financial development aggregate level, the finance competitive ability and the financial opening degree, compare China with the developed countries as well as the developing nations. The fourth part is the basic analytical conclusions and the suggestions, the major points including the Chinese finance development lag, the finance level of development is not high, the financial...