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2024 | OriginalPaper | Chapter

2. The Establishment of China’s Financial System

Author : Rixu Lan

Published in: The Financial Development of China

Publisher: Springer Nature Singapore

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Abstract

At the beginning of the People's Republic of China, China's financial industry was quite chaotic, and the primary task facing the central government was to establish a unified RMB system, and effectively integrate financial organizations in the old and new liberated areas on the basis of the People's Bank of China to establish a new Chinese financial system, unify the currency, stabilize prices and promote the rapid recovery of the national economy.

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previous chapter Introduction

next chapter China's Financial Contribution to National Economic Recovery

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Title: The Establishment of China’s Financial System
Author: Rixu Lan
Publisher: Springer Nature Singapore
Book: The Financial Development of China
Print ISBN: 978-981-9782-72-7

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

Copyright Year: 2024
DOI: https://doi.org/10.1007/978-981-97-8273-4_2