The Research On Reformation Of Financial Supervision System In China

The perfecting of the financial regulatory system is of great importance to theconstruction of the marketing economy system in China for finance always plays acritical role in the national economy.Since the foundation of the People’s Republic of China., the financial regulatorysystem has developed into the form of “one bank and three committees”, whichinvolves the cooperation of local government financial administration departments,part of which is administrated by ministry of finance, development and reformcommission, audit committee, SASAC (State-owned Assets Supervision andAdministration Commission) and other departments. With the innovative developmentof the financial industry, the mixed operation of the financial industry can not beresisted. It is very important to establish a financial regulatory system to fit the stabilityof the financial system, which can provide some analyses of the solutions to thevarious problems appearing in the present financial supervision system, thereafter tooffer some reasonable and efficient reform schemes for the financial regulatory system.The paper constructs the direction and the conception of the development andreform of the financial regulatory system according to the China’s national conditions,after the tentative study of the main regulatory systems in the world. The paper firstlytakes the financial regulatory system theory as the basic point; then gives a furtherexplanation about the mode of the financial system; finally it offers guide lines to thereform practice of the Chinese financial regulatory system after analyzing the changeand the current situation of the typical financial regulatory systems in Britain, US andAustralia.Included in this thesis are five chapters as follows. Chapter one opens with aconcise introduction of the study of the reform of Chinese financial regulatory system,including the purpose, significance, objective and outlines of the study, and the methodadopted in the experiment. Chapter two discusses the definition and the relativecontent of the financial supervision and the financial regulatory system. In this chapter the theory and the development of the financial supervision are analyzed after theconclusion of the prophase findings of the Chinese financial regulatory system, whichlays the theory foundation for the following study. In the following chapter three, thehistory of the Chinese financial regulatory system is discussed in detail, and the presentChinese financial regulatory system is introduced and evaluated. Chapter four proposesthe reform mode of the Chinese financial regulatory system after further analyzing andcomparison of the united mode, assignments dividing mode, and double summits mode.The conclusion is made in the last chapter, which lays out the reform direction of theChinese financial regulatory system, and the reform conception, guarantee system andthe construction of the system are elaborated, which will perfect preparation of theChinese financial regulatory system.