Reform of the Financial Regulation System of China During Financial Market Globalization

This book analyzes the effect of financial internationalization and financial crisis on international and country level financial risk and financial stability, summarizes the experience of international and country level financial regulation system reform and its inspiration on China. It studies the current situation and existing problems of China’s financial regulation, proposes the countermeasures to enhance financial regulation. Based on these analyses, we propose the direction of China’s financial regulation reform, that is, functional regulation, and design the framework and corresponding reform steps to implement it.