Chen Gong: Local Finance Dancing in Chains--第一智库
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Chen Gong: Local Finance Dancing in Chains
2015年11月6日
来源:ANBOUND

Chen Gong

Chief Researcher, Anbound Think Tank

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The panorama of the local governments' financial development shows that the savings, the agricultural prices and the enhanced environment are the basic conditions for development. The combinations of these factors show that the future of local finance should be "economic consortium", as proposed by Anbound’s research team. Economic consortium is the key aspect of both local finance and market construction, it is the key to link not only real economy and financial environment but also to link secondary industry and tertiary industry, which is precisely why economic consortium is also the key in ensuring the economic development policy plays its role in the market. Once deviating from “economic consortium”, the systemic solution, it is impossible for China’s economic transformation to succeed in the wider area.
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