ThisbookaimstoanalyzethefinancialreformsinChinafromaninstitutionalviewwhichisinfactacrucialthemetoensurethestabilityofreformsandgrowthinthisemergingeconomy.AftertheIntroductionwhichwillmakeabriefreviewoftheliteratureandapresentationoffinancialdevelopment,Chapter1willtrytodemystifythefinance-growth‘puzzle’andtheinefficiencyofChinesefinancialsysteminsettingforththeAdaptiveEfficiencyandtherateoffinancialrepressioninChina.Chapter2willanalyzethefinancialinstitutions’reformsinChina,frombankingsystemreformstocreditsystemreformsinfocusingongovernmentaleffortsfortheaccessiontotheWTO;thenon-performingloans,State-OwnedEnterprises(SOEs)andBanks(SOBs)andtheopeningtoforeigncompetitionhavealsobeenexpatiated.Finally,thisbookconcludesinadvancingpolicyrecommendationswithoutforgettingtomentionthefurtherresearch.