ANBOUND: How Long Can Regulators Maintain Rigid Honoring?
ANBOUND
Although marketization requires the break of rigid honoring, various factors are still hindering the promotion of this marketization reform. ANBOUND think tank scholars point out that the enterprise risks are exposed more rapidly. Both the difficulty and cost of maintaining rigid honoring are increasing. Rather than let the risks erupt in the future, China should make the best use of the circumstances, gradually break rigid honoring and foster the market's risk awareness.