What is the structure of China's current financial system?

Financial industry is the most important industry in modern countries, which can optimize the allocation of social resources and adjust the social industrial structure. So how did China's current financial system come into being? Please look down.

How is China's current financial system formed?

The existing financial system in China is composed of financial institutions, quasi-financial institutions, derivative institutions, pan-financial institutions and other companies, which are isomorphic to form the existing financial system in China. Finance is a very contradictory industry. It is not only an industry that needs professional knowledge and skills most, but also an industry with no threshold. Therefore, the state controls this industry through licenses.

1 financial institutions, that is, financial companies that directly obtain the licenses of relevant financial institutions, traditional banking, insurance and securities.

Quasi-financial institutions, such as well-known microfinance companies.

3 derivative institutions, which we occasionally hear about futures and options companies.

Pan-financial institutions, namely asset management companies, related investment consulting companies and accounting firms.

To sum up, this is the main financial company system in China.