1. Introduction

The finance of China has always been the focus of the academic circle and in all walks of life. However, from the perspective of the changes of the finance of China in the past 70 years, the existing researches mainly focus on China’s finance within 50 years and 60 years since 1949, with the latest written in 2017 (such as 50 Years of Finance of China edited by Shang Ming, China Finance and Economics Press, 1999; Yang Xitian et al., A General History of Chinese Finance (Volume 6): The Period of the People's Republic of China, China Finance Publishing House, 2002; 60 Years of Finance in China, China Finance and Economics Publishing House, 2009; Li De, The Development of China's Financial Industry (Volume 1 and 2), People's Publishing House, 2015; Cao Yuanzheng, Great Power and Great Finance: 40 Years of Financial System Reform in China, 2018 edition of Guangdong Economic Publishing House, etc.) Of course, in the economic history of the People's Republic of China, there are also related to the development of the financial industry, most of the content is simple; Although there are some specialized works published in the fields of capital market, banking, the People's Bank of China, insurance, trust, etc., the contents are concentrated in relatively single and specialized fields, which is difficult to reflect the overall picture of the financial development of China, and there is no corresponding follow-up research. There are also obvious deficiencies in some fields of previous studies, and the changes are rarely analyzed from the perspective of financial functions. This book is an in-depth analysis of the 70-year history of financial development in China from this perspective.

One committee: Financial Stability and Development Committee; One bank and two supervision commissions: China Banking and Insurance Regulatory Commission; People’s Bank of China, China Securities Regulatory Commission.

Xi Jinping: “Secure a Decisive Victory in Building a Moderately Prosperous Society in All Respects and Strive for the Great Success of Socialism with Chinese Characteristics for a New Era—Report at the 19th National Congress of the Communist Party of China.”.