Function and Role of China's Securities Market |
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作者姓名: | Wenxian Zhang |
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作者单位: | 22/F, Tower A, Zhongmin Times Plaza, No.12 of Sungang Road, Luohu District, Shenzhen, China, Posteode: 518029; |
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摘 要: | The article discusses the determinant factor of the function of the securities market at first and then proposes that the basic factor is the inherent need of social economic operation and development process itself. In addition, the primary factor of mature securities market is perfect and integrated function of the securities market. Afterwards, the article analyses the static and dynamic function of the securities market. At last, it probes into the government role in the securities market briefly and proposes that China needs to carry out the essential change on government role, market function location, development goal and the mode of securities market if the function of China's securities market is to be exerted properly.
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