From The Differences Of Policy Finance And Development Finance To See The Transformation Of China's Policy Banks

Policy-oriented finance has been more than:a century old. The end of 1993 in China's financial system reform, China has successively established State Development Bank, China Import and Export Bank and China Agricultural Development Bank, three policy banks. This indicates that China's policy of Policy-oriented finance 1 institutions have achieved initial results of policy finance in our social and economic life began to show an important role. With the continuous development of market economy, the continuous progress of financial reform, policy-oriented financial institutions in the development process of many contradictions have gradually emerged.Recalling the history of financial development, development finance began after World WarⅡeconomic recovery, it is compatible with the commercial finance and policy financial advantage has become a way of financial innovation, in order to make the post-war economic recovery a very important contribution.1997 Asian financial crisis, market failure occurs and makes the government's administrative measures are difficult to deal with commercial finance, which gave the development of new opportunities for development finance, development finance of the advantages of re-appear.At present, due to the population, lack of resources, uneven development issue is not resolved. one important issue is that the socio-ebonomic development needs and the financing system exists between contradictions, and this conflict can not be resolved solely through voluntary market, but needs a strong force, such as government guidance and development. Development finance to the banks financing the organizational strengths and advantages of the government combined with the allocation of resources into the market economy and pillars of the new platform, through the construction of the market in order to achieve the government's will, both for enhancing economic vitality, but also help strengthen the macro-control efforts, also help control the project risks. Therefore, the research and development of finance has great practical significance. This article Policy-oriented finance and development finance their own summary of the theory of a series, and their present stage of development problems are described in this policy based on financial and development finance in the intrinsic relationships detailed analysis, drawn the transformation of China's policy of financial need, to finance the development of China's reform and development of useful ideasPaper is divided into four parts:The first part introduces the basic content of the Policy-oriented finance and history, discusses the theoretical basis of policy finance, and analyzes the main features of monetary policy and financial policy of the significance and role, final financial status of policy and issues Introduction.The second part describes the development of the basic meaning and history of finance, discusses the theoretical basis for the development of finance, and analyzes the main characteristics of development finance and development of financial significance and role of, finally on the development of the financial situation and issues introduced.The third part describes the Policy-oriented finance and financial policy of the differences and relations. A detailed analysis of Policy-oriented finance, development finance and commercial finance, internal relations.Part IV introduces the transformation of China's policy banks and the future. State Development Bank, Agricultural Development Bank and Export-Import Bank of China were analyzed for their transformation to provide some valuable suggestions.