Causes of Financial Crisis Based on the Perspective from Industrial Transformation and Coping Strategies of China
With rapid development of financial and other modern service industry, how to deeply understand and deal with the relationship between finance and real economy has become an important issue facing every country in sustainable development in the background of continuous economic deepening and financial globalization. In the process of economic transformation and upgrade, China needs to seriously reflect on the crisis and its underlying causes. Finance is the core of modern economy, but the indispensable foundation of financial development is a healthily operating real economy. Finance divorcing from real economy and inflating excessively will eventually damage real economy. To develop the financial and other modern service industry, a country especially developing country in industrial adjustments must consolidate real economy and solidly develop it. Any financial innovative activities divorcing from the need of real economy and social development will be unsustainable and dangerous.
Financial Crisis Modern Service Industry Industrial Restructuring Real Economy Virtual Economy
He Sijiang Zhou Hui Wang Yizhen
College of Economics, Zhejiang University No.38 Zheda Road, Zhejiang University, Yuquan Campus, Hangzhou, Zhejiang Province, China 310027
国际会议
International Forum of Knowledge as a Service(2010知识服务国际论坛)
厦门
英文
40-43
2010-04-12（万方平台首次上网日期，不代表论文的发表时间）