In 1997 to China's financial reform in steady development, the financial sector in order to promote economic development and maintenance of society
Stability has played an important role. Financial industry from a single deposit functions development to adapt to the market economy requirement of modern financial system, promoted the economic growth and expand employment, become one of the important industry of the national economy. Since 2002 financial work has achieved remarkable results, the financial industry grows quickly, financial reform administrativesystem, financial functions to further play, financial field opening steadily expanded, the financial supervision and regulation by law construction improved notably, the entire financial industry historic changes have occurred in economic and social development, and plays an important role of supporting and promote.
The current financial field still exist many contradictions
1997 reform of China's financial sector stable development in the financial sector to promote economic development and safeguarding social
Stability played an important role. Financial sector lending and deposit functions from a single development to meet the requirements of a modern market economy and financial system, and effectively promoted economic growth and expanding employment, to become one of the important industries in the national economy. Financial work since 2002 has made significant achievements, the financial sector has expanded rapidly, significant steps towards financial reform, financial capabilities to further develop the financial sector to foreign steadily expanded, financial supervision and the legal system was strengthened, the entire financial industry has undergone historical changes in the economic and social development play an important role in supporting and promoting.
The current financial sector there are still many contradictions and problems, mainly financial system is not sound unreasonable financial structure, corporate governance and financial enterprises operating mechanisms are inadequate, increasing imbalance of international payments, but also a lot of financial risks. In this regard, we must attach great importance to take effective measures to solve them.