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- W2348707948 abstract "For recent years,there has been more attention on development problems of non-formal finance,and it has become one of the hot issues of economic theory.For a long time,the large-scale enterprises and state-owned enterprises mainly obtain credit fund from formal financial way,while medium and small-sized enterprises mainly obtain credit fund from non-formal financial way,therefore it forms a relatively fragmented dual financial structure.It is universally acknowledged by many scholars that financial suppression is the main reason of formation of dual finance in China,and the weakening of dual finance also becomes an original driving force of interest rate marketization reform.The debt crisis in Wenzhou,which broke out at the beginning of 2011,further brought non-formal finance into widespread attention.It has become a focus that to strengthen the supervision of private lending,to promote financial reform and innovation,and to achieve the openness and legalization of non-formal finance." @default.
- W2348707948 created "2016-06-24" @default.
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- W2348707948 date "2012-01-01" @default.
- W2348707948 modified "2023-09-24" @default.
- W2348707948 title "Non-Formal Financial Problems In China under the Conditions of Financial Liberalization:The Relationship between Dual Financial Structure and Its Economic Impacts" @default.
- W2348707948 hasPublicationYear "2012" @default.
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