渐进利率市场化中的民营企业金融安排问题的研究.pdf

渐进利率市场化中的民营企业金融安排问题的研究.pdf

Abstract 2 Abstraot ThedifferencebetweenNon—state andstate EnterprisesEnterprises of and a reform arenot but mechanism.Asresult ownershipworking than createdmore have EnterpriseS,_hich 70%percent opening.Non—state since ofthetotal va]ue 1996,contributeslargely industryproduction of economic are tothe Chinese development life.However,there quick difficu]tiesfortheNon—state to seriOUS Enterprisesfinance,which backthe oftheNon—state finance holding development Enterprises.The leadtothe ofcurbmarket. oppression phenomenon izationhasbecomeaim liberal the offinancereforminchina. Now,rate Ithasbeen in andin thatrate1iberalizationis theory practice proved to of underthe ofdual efficiencyfinancing.Butbackground advantageous financial resultofrate system.the 1iberalizationwillnotbeideal. Ontheother financialcannotbeen the hand,dual system eliminatedin ofrate has

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