Business, Management and Accounting
8 years ago

High Transaction Costs in Chinese Financial Market Stifle Economic Growth

Jingji lilun yu jingji guanli
ANALYZING THE TRANSACTION COSTS OF ESTABLISHING MULTI-LEVEL SECURITIES MARKET
Han De-zong

Paper Summary

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The article examines the costs involved in setting up a multi-level securities market in China. It looks at how these costs affect the financial market and economic development. The researchers analyze the current state of the financial market, the impact of transaction costs on different entities, and the need for an effective multi-level securities market system.