International Experience of Interest Rate Liberalization and China’s Investigation
- 10.2991/aebmr.k.191225.053How to use a DOI?
- interest rate liberalization, international experience, countermeasures
The 19th National Congress of the People’s Republic of China has made significant progress in the reform of interest rate and exchange rate liberalization, steadily promoting the internationalization of RMB. At present, there are still many restrictive factors that prevent the formation of a substantive, effective and market-oriented interest rate formation and control mechanism and hinder the steady progress of RMB internationalization. This paper puts forward some countermeasures to solve the problems by analyzing and interpreting the main restricting factors and referring to some representative cases of some countries in the process of interest rate liberalization reform.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yuanxin Zhang PY - 2020 DA - 2020/01/07 TI - International Experience of Interest Rate Liberalization and China’s Investigation BT - Proceedings of the 5th International Conference on Economics, Management, Law and Education (EMLE 2019) PB - Atlantis Press SP - 306 EP - 312 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.191225.053 DO - 10.2991/aebmr.k.191225.053 ID - Zhang2020 ER -