摘要
In the past 40 years of reform and opening up,remarkable achievements have been made in China’s economic development.As the blood of the real economy,the reform,innovation and development of the financial sector have effectively supported the development of the real economy with an increasing number of more diversified financial institutions.In recent years,the market condition has been marked with rapidly developed Internet finance,accelerated financial disintermediation and intensified competition between banks.A new era has emerged with advancing reforms in interest and exchange rates,improved macro control with monetary policy and macro-prudential policy as two pillars,and upgraded supervision.In this era,it is vital for the future development of banks to review the past and assess the present.
