ABSTRACT
The Chinese securities market has made remarkable achievements in the past few years. Although the Chinese securities market was born with certain unique features, including strong political influence and administrative intervention, it has made significant positive improvements over the years, as illustrated in this book. The information disclosure system, as the fundamental basis for the healthy growth of the securities market, has attracted a great deal of attention in China. With the development of the Chinese economy, this regime has been improved substantially. The book concludes, however, that further reforms are necessary for the future development of the Chinese securities market. This conclusion is based on both the general and the specific findings of this research. The following concluding remarks, followed by a summary of the general and the specific findings of the book, suggest the necessary reforms in these areas.
