Change The Path Of China's Financial System Is Dependent Analysis, And Performance Impact

In the modern economy, financial is playing an increasingly important role. China's financial system reform began with China's economic reform at the same time after the Third Plenary Session of the 11th CPC Central Committee. But now, there are still many unresolved fundamental issues out with China's financial reform. After joining the WTO, China will face more severe financial competition, and how to adapt to the market as soon as possible to establish and improve the economic, competitive modern financial system has become a top priority of the current economic reform. After more than 20 years of reform, China's financial system change formats a unique path. China's financial system reform will impact the further reform. Study the changes trails and their impact on the future financial will make a practical significance on avoiding loss of efficiency and maintaining healthy development of system changes. It also can play a great practical significance on identifying the shortcomings of the financial system and the establishment of an effective financial system.The basic idea of this research: First, introduced the planned financial system's formation, development, characteristics and analysis of the defects of the planned financial system and evaluated their performance. Then introduced the main elements of our financial system change since the reform and opening up, the course of China's financial system is divided into four stages, and evaluated the characteristics of each stage of the system change. On this basis, the analysis focused on the changes in our financial system path dependence and discussed the formed premise, the underlying causes and practical reasons of the dependence. Then this article analyzed several aspects of the performance of the path dependence on economic and financial. Finally explore how to overcome the path dependence of our financial system changes. First analysis has been done on the positive impact of the WTO to our financial system. From the specific details explored how to break the path dependence. At last the overall reform of China's financial reform direction has done analysis. The overall direction of China's financial reform is the financial deepening, But financial constraints is necessary in the course of the operation to keep it steady.