Discussing Problems of Chinese Interest Rate liberalization

The level of Chinese interest rate liberalization is very low. The interest rate liberalization reform is an inevitable choice under the general trend of economic globalization in the world. Mean while, interest rate liberalization is indispensable for Chinese economic development and financial stabilization. The interest rate liberalization reform should follow a certain principles and satisfy a certain require ments, otherwise the financial order will be in a state of chaos and the negative influence on economy will appear. The interest rate liberaliza tion reform needs a good economic environment and a series of relative reforms.