Study Of China's Market Economy And Credit System

Modern market economy is credit economy, no developed credit, no ripe market economy, good social credit is the assurance of setting up normal socialist market economy. It is the important issue badly in need of solution in the realistic economical operation of our country to build the credit system of market economy. To study the credit system construction of market economy, undoubtedly, has great theory meaning and realistic meaning. This text regards Marxism theory as guidelines, draws rational factors from the western economics theory and practice, uses methods of unifying history and logic together, of combining standardize analysis and real example analysis together, proceeding from basic theories of economics, combining of our country concrete reality, conducts relatively overall and deep discussion on building credit system of market economy in our country. This text is divided into seven parts altogether. The first part Thinks that the credit system is a set of social administer mechanism to assure benign operation of economy in essence, and its basic structure is formed of four major systems, including credit cultural education system, credit standardize system, credit intermediary organizing system and credit tool system, etc. they form an organic whole, undertake to mould the function of social credit together. The second part uses modern economics theory to analyze the phenomenon of lacking of credit under market economy. According to the modern western economics theory, under the environment of bad credit, because of the unsymmetry of information, out of the inclination to maximize his own interests, the economic subject will disobey credit among the market trade course, thus raise the trade risk and transaction cost and reduce economic operational efficiency. The third part combines the system background of our country, and analyses the necessity of construction of credit, the current situation of lacking of credit and the great danger to the economic life of our country caused by serious lacking of credit, and in view of the above, this part thinks that it is urgent to build credit system now. The fourth part analyses the current situation of credit system construction of our country, in this part, this text thinks that, as a whole, the social credit system building-up work of our country has already welcomed the new great historical opportunity, has entered unprecedented building period in an all-round way. However, because of history and various fields of reality, the credit system of our country is not still very fully up to expectations in construction, the credit system is still in an uncompleted state. And it thinks that there are some main restriction factors faced in building credit system of our country, such as social psychology factor, intermediary's factor, technological factor and government's behavior factor,etc. The fifth part analyzes the practical pattern of credit system construction in western developed market economy nation. In the light of these main restriction factors faced by the credit system construction at present, combining the policy meaning in the concerned theory of economics, on the basis of analyzing and using the successful experience of western developed market economy nation in building credit system for reference, The sixth part puts forward the train of thought of credit system construction of our country: structuring the ethical basis of credit, constructing the legal system environment, perfecting the operating mechanism of credit , enhancing the innovation of management of credit. The last part of this text draws the conclusion: it is imperative for our country to structure perfect credit system, but it is impossible to accomplish it in one move. The overall plan and concrete implementing scheme of national credit system construction should be worked out as soon as possible at present. Looking forward to just future, our country's normal market economy credit system can unquestionably be set up.