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Sunday, January 04, 2015
ANBOUND: To Reform Financial Soft Constraint Will Become a Vital Point
ANBOUND

As 2015 will be a critical year for comprehensively deepening China's reform, ANBOUND think tank scholars consider the reform on financial soft constraint as a master key. Thus, the central government should explicitly put forward the issue of financial soft constraint and wholly promote it at a higher level. For doing so, it not only needs a "targeted loosening" in monetary policies, but also boosts from spheres of financial and taxation system, government management as well as officials’ incentive mechanism.

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