| From the reform and opening to the present, China’s economy has developed rapid which has made the worldwide attention. At the same time, Financial system has been changed a lot too. Our government leads the financial system, banking has been the major manifestation of our financial system. As the economy continues to develop, this kind of financial system gradually shift towards Market-oriented one. So, in this process, we should say some important factors have dominated China’s financial structure,and this kind of roles financial structure have worked in enhancing the economic development. To my research,it will give a certain theoretical basis for China’s economic construction and financial structure adjustment, and study on China’s financial structure is necessary.In my paper, from Institution Modification as threshold,1999-2009provincial panel data, building panel threshold regression model, researching on the impact of China’s financial structure factors. We can get the conclusions:the impact of interest rates on the financial structure is very significant, it is said that interest rates directly affect the supply of Bank credit, government uses monetary policy to promote the development of the financial structure to rationalize, the perfect legal system is good to the orderly development of the financial structure. It can be the basic premise for the further development of the financial system and a body adaptation of the real economy, changing Countryside to Urbanization is the main driving force of the restructuring of financial structure. Competition in the financial sector must be rational, only in this way can promote the diversification of financial instruments, accelerate the pace of development of financial structure. In the world’s financial system, compared to the commercial banking system, the financial market-oriented has increased the scale and the level of activities, for promoting the development of the real economy and the development of the real economy with architecture system. The capital market has provided the promotion of the development of entities economic and commercial banking system, the framework has developed the entities economic.According to the above research, we can find out that:optimizing China’s financial structure needs to further improvement of China’s legal system, promoting the reform of financial market, improving the financial market-oriented system, reforming the deep of commercial banking system, reshaping the financial institutions organizational system, accelerating the pace of urbanization areas, giving full play to the government leading role, achieving diversification of financial market. |
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