Advances in Economics, Management and Political Sciences
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Proceedings of the 2023 International Conference on Management Research and Economic Development
Series Vol. 24 , 13 September 2023
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Reviewing the Development of Chinese Bond Market: History, Problem and Suggestions
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Abstract
Bond market is an important part of financial market. A fully developed bond market can provide protection against financial risks and maintain the stability of financial markets. Compared with capitalist countries, the development process of Chinese bond market has its particularity. Since 1981, after more than 40 years of development, Chinese bond market has now run smoothly, with a high-level opening up and orderly. Moreover, the investor structure has been diversified, and the trading volume of the money market continues to increase. However, there are still problems, such as insufficient liquidity, lack of diversity, and the bond market 's inability to fully play its basic role in resource allocation and regulatory holes. For these problems, this paper puts forward some suggestions from the aspects of market participation, product type, market supervision and policy implementation, in order to help the development of Chinese bond market.
Keywords
Chinese bond market, liquidity, diversity, resource allocation
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2023 International Conference on Management Research and Economic Development
- ISBN (Print)
- 978-1-915371-91-1
- ISBN (Online)
- 978-1-915371-92-8
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/24/20230405
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited