| Non-standard financial products emerged in2011, and most wereinvested in such sensitive sectors as the local government financingvehicles and real estate. Within these three short years, non-standardfinancial products have evolved into various forms. While regulators arepaying more and more attention to the potential risks of these products byissuing all kinds of regulatory documents, the thesis intends to analyzethe market reasons for the emergence of the non-standard financialproducts as exemplified by the General Corporate of [XX city] Economicand Technological Development Zone through the development of localgovernment financing vehicles and the evolvement of financing structure,as well as the potential risk from bank perspective, and to propose someregulatory advices for the current stage. |
