The Formation of International Financial Center:the case of Shanghai

• Main Authors: Yen-Ju Chen, 陳彥如
• Other Authors: 唐代彪
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/82919206038345820969

碩士 === 臺灣大學 === 國家發展研究所 === 95 === Comparing Hong Kong and Shanghai as an international financial center, the finding is that Hong Kong is superior to Shanghai in all aspects of the financial intermediaries functions. In examining the current situation in Shanghai’s financial markets, the findings indicate that both the capital account liberalization and the finance-related institutional factors are preconditions for equity market development. We also find that the development in banking sector plays an important role in forming Shanghai as an international financial center in the future.