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A Look at China's Financial Reform

RESEARCH - A paper submitted to CentralBankNet by Wu Chang Ming, senior economist at the People's Bank of China, currently on secondment at the Reserve Bank of New Zealand.

With China's entering WTO, more and more analysts have paid much attention to China's financial reform. Compared with somebody's pessimism view, I prefer to have a bright prospect. I hope the readers will share my confidence in China's financial reform.

I.Objectively looking at the problems existing in China's financial system

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