PROGRESS DESPITE PROBLEMS

• 作者: Yang Jian
• 来源期刊: 北京周报（英文版）
• 年，卷（期）: 2021,（1）
• 所属期刊栏目: COVER STORY
• 页码范围: 16-17
• 页数: 2页
• 语种: 英文

摘要

Compared with the progress and status of China's economy and trade, its financial system seems to be much less impressive and powerful. Many analysts regard it as a major vulnerability in China's eco-nomic development. The basic facts, however, underscore the success of the system and its global importance today: China has the second largest stock market and bond market in the world; and the four biggest Chinese banks are consistently among the top 10 financial institutions in the world. Actually, China has come a long way in building up a modern fi-nancial system, despite many complex challenges. More dramatic progress is anticipated in the next five years, as outlined in the proposals for formulating the 14th Five-Year Plan (2021-25).