ABSTRACT
The subject of this book, Private Enterprises and China’s Economic Development, is a topic deserving significant discussion during the development of China’s economy. As far as Chinese finance is concerned, most banks are still state owned. Although we have several joint-stock commercial banks, the diversity of the joint-stock system has developed gradually; therefore, we still cannot call them private enterprises. Our future rural financial institutions may be most similar to private enterprises. Rural finance is a relatively fundamental microeconomic issue. I would like to present some thoughts on rural financial reform.
