Insufficient Marketization , the Root Cause of the Divorce between Financial Sector and Real Economy
ANBOUND
The issue of financial sector losing touch with the real economy is nothing new in the local market.
Anbound's scholars are of the view that the divorce between the country’s financial sector and real economy is due to the insufficient marketization in China.
The capital market has not been developed sufficiently and likewise the opening up of the financial market is not sufficient.
If the structure of the financial system does not change, then there will be no fundamental solution to the financing problems faced by the real economy, particularly, the small and medium enterprises.