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A Study on the Path of China’s Financial Supervision System Reform under the New Normal
Pages: 76-78
Year: Issue:  5
Journal: Xi'an Finance

Keyword:  financial supervisionseparate supervisionmixed supervision;
Abstract: Currently, the separate financial supervision mechanism in China keeps pushing up the coordination cost at the administration level. Influenced by self-interest of different administration agencies, the financial supervision and coordination mechanism headed by the central bank could hardly achieve the expected effects. Accordingly, it is proposed on the fifth plenary session of the 18 th Central Committee of the Communist Party of China that the financial supervision framework should be reformed and improved to adapt to the development of modern financial market. The paper analyzes the problems in China’s financial supervision, elaborates on the current financial supervision system of other countries, and puts forward some suggestions on the reform of China’s financial supervision system.
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