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Structural Restriction in the Development of Chinas Financial Industry
摘    要:I. IntroductionSince reform and opening up, the most significant achievements in the development of Chinasfinancial industry are manifested in quantitative growth, that is, rapid growth of the totalfinancial assets, and rapid scale expansion of the financial industry. Behind the gratifyingquantitative growth are hidden worrisome structural problems. Developing countries are inthe take-off stage in the development of their economy and finance, and it is the general rulethat quantitative expans…

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