The Deepening Of Reform Of China's Interest Rate Market

The financial restraint policies of interest rate control by Chinese government have achieved remarkable success in assuring a stable finance, economic growth and sound finance. It also have costed much.Market-oriented interest rate is historically inevitable for China's WTO accession and the opening of financial market to the outside world. As a total aim for China's reform of interest rate, it is gradually deeping with the continuous promotion of the market reform in China. But, there are considerable barriers to realize it successful. This thesis want to analyze the interest rate liberalization of China.This thesis has four chapters. Chapter one wants to analyze the experiences of foreign country, puts forward some suggestions on the market-oriented reform of interest rates in our country. Chapter two through aims at the present condition such as China's WTO accession, analyses the importance of put it into action. Chapter three mainly look back the history of the reform of our country. Chapter four is the core of this thesis. Some concrete counter measures of advancing the interest rate liberalization ulterior are put forward according to the analysis of the practical problems of the interest rate liberalization of our country. (1) To expedite the reform of commercial bank. (2) To expedite the reform of state-owned enterprise. (3)To perfect the indirect adjustment and control, as well as supervision system of people's Bank of China. (4) To develop and normalize the financial market. (5) To carry on the well-coordinated reform. (6) Control interest rate risk.