Financial Openness and the Impact on the Chinese Economy

DOI

10.2991/978-94-6463-642-0_46How to use a DOI?

Keywords

Chinese policy reform; Financial openness; Industrial structural reform; Granger Causality Test

Abstract

In 2018, China’s economy embarked on a new phase of openness, with the Chinese financial industry actively advancing a comprehensive opening-up strategy. The primary research question in the field is that: What are the reasons for China’s efforts to increase financial openness? Is it not perilous? Scholars posited that increasing access to the financial sector is beneficial for China, particularly for its citizens. Regarding the research question, the author’s objective is to analyze the relationship between the liberalization of China’s financial sector and its economic growth, particularly Chinese industrial structure, while focusing on the impact of financial openness.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xiaotong Wu
PY  - 2025
DA  - 2025/01/24
TI  - Financial Openness and the Impact on the Chinese Economy
BT  - Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024)
PB  - Atlantis Press
SP  - 437
EP  - 443
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-642-0_46
DO  - 10.2991/978-94-6463-642-0_46
ID  - Wu2025
ER  -