Views on marketization reform direction of China's interest rate and exchange rate

DOI

10.2991/icaicte-14.2014.31How to use a DOI?

Keywords

the reform of the economic system; the marketization of interest rate; the marketization of exchange rate; gradual reform

Abstract

Economic reform is the core of deepening the reform of our country nowadays, and this paper will focus on the marketization reform direction of China's interest rate and exchange rate. This paper starts from domestic and international economic environment, facing the marketization reform of China's interest rate and exchange rate. Then it elucidates three drawbacks, which are the existing foreign exchange market instability, the market-oriented reform of interest unbalance and the slow market-oriented reform of interest rates respectively. The article follows by analyzing the marketization reform direction of China’s interest rate and exchange rate by synthesis at three aspects, which are the selection of path to the market-based reform of interest rate and exchange rate, marketization reform and gradual reform which is in favor of the interest rate and exchange rate marketization development. In the future, China should always go ahead in the direction of marketization reform unswervingly.

Copyright

© 2014, 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/).

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TY  - CONF
AU  - Chaozhong You
PY  - 2014/08
DA  - 2014/08
TI  - Views on marketization reform direction of China's interest rate and exchange rate
BT  - Proceedings of the 2014 International Conference on Advanced ICT (ICAICTE 2014)
PB  - Atlantis Press
SP  - 143
EP  - 146
SN  - 2352-538X
UR  - https://doi.org/10.2991/icaicte-14.2014.31
DO  - 10.2991/icaicte-14.2014.31
ID  - You2014/08
ER  -