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2024 | OriginalPaper | Buchkapitel

3. China's Financial Contribution to National Economic Recovery

verfasst von : Rixu Lan

Erschienen in: The Financial Development of China

Verlag: Springer Nature Singapore

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Abstract

With the process of building an independent financial system and unifying the RMB system in the early days of the People's Republic of China, financial organizations with the People's Bank of China as the main body gave full play to their functions, laying a good foundation for the recovery of the national economy. It has taken less than three years for our country to reach the highest level of national economic development before 1949. At the same time, the combination of political and economic measures has quickly calmed the persistent high prices and inflation. Under these conditions, China's financial industry has achieved rapid development.

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Vorheriges Kapitel The Establishment of China’s Financial System

Nächstes Kapitel The Formation and Development of “Unified” Financial System

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Bo Yibo. A Review of Some Major Decisions and Events (Part I), Party School of the CPC Central Committee Press, 1991, p. 92.

Literature Research Office of the CPC Central Committee. Chen Yun Biography (Part I), Central Academic Press, 2005, p. 645.

Yao Sui, The Financial History of China, Higher Education Press, 2007, p. 427.

Yang Xitian et al., General History of Finance in China (Vol. 6): Period of the People's Republic of China, China Finance Press, 2002, p. 45.

Yang Xitian et al., General History of Finance in China (Vol. 6): Period of the People's Republic of China, China Finance Press, 2002, p. 46.

Yang Xitian et al., General History of Finance in China (Vol. 6): Period of the People's Republic of China, China Finance Press, 2002, p. 50.

Su Ning. China Financial Statistics (1949–2005), China Financial Press, 2007, p. 1059.

The People's Bank of China. Sixty Years of the People's Bank of China (1948–2008), China Financial Press, 2008, p. 49.

Yang Xitian et al., General History of Finance in China (Vol. 6): Period of the People's Republic of China, China Finance Press, 2002, p. 50.

Yang Xitian et al., General History of Finance in China (Vol. 6): Period of the People's Republic of China, China Finance Press, 2002, p. 60.

Yang Xitian et al. A General History of Chinese Finance (Volume 6): The Period of the People's Republic of China, China Finance Press, 2002, p. 75.

Su Ning. Chinese Financial Statistics (1949–2005). China Finance Press, 2007, p. 1059.

Titel: China's Financial Contribution to National Economic Recovery
verfasst von: Rixu Lan
Verlag: Springer Nature Singapore
Buch: The Financial Development of China
Print ISBN: 978-981-9782-72-7

Electronic ISBN: 978-981-9782-73-4

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-981-97-8273-4_3