Zheng Yaomin, School of Economics

 Abstract: With the continuous improvement of China's market economic system and the deepening of the reform of the financial system, the reform of policy banks has become increasingly prominent. As a useful supplement to commercial financial institutions, policy financial institutions, especially policy banks, can directly promote the development of specific industries, guide the improvement of policy and institutional environment, and promote the realization of national development strategies, and play an irreplaceable role in the development of the entire national economy. However, at present, China's policy-based financial system still faces some problems that need to be solved urgently, such as lack of legal system, single financing channel, unclear business field and weak risk management. In accordance with the idea of comprehensively deepening reform, it is also necessary for policy banks to further deepen reform, clarify their functional positioning, identify business areas, strengthen risk management and control, and constantly improve their capacity for sustainable development.

Read the article here:       82中国政策性银行的改革与发展_郑耀敏.pdf