Zhang Mingqi, Faculty of Economics

Abstract: With the gradual development of China's economy and the depth of reform, small, medium and micro enterprises have an increasingly important position in the economic system, contributing about 65% of GDP each year and providing 80% of jobs. And at the same time a report shows that there are about 3 trillion yuan of capital straying from the private sector every month. These factors have led to the rapid development of private finance, but it has also revealed many problems in actual operation, and has brought many adverse effects on the operation of the macro-economy and society as a whole. Therefore, in order to ensure the long-term and healthy development of private finance, it is necessary to draw on foreign experience and take into account the national conditions of the country in order to put forward countermeasures and proposals to guide its sustainable development.

Read the article here:       【可持续发展】我国民间金融发展问题探析.pdf