The Study Of Chinese Financial Safety Under International Capital Flow

This article does research on how to maintain the safety of Chinese financial system under the international capital flow, the key problem is to analyze how international capital flow influences financial system and how to construct a safe financial system.By collecting materials, applying the economical principles, using the others' researches for reference, learning from the mistakes of some new-market countries, combined with the state of Chinese financial system, make a deeper research in this field.At first, to expatiate the 3 rd financial safety theory and its model, from the view of theory, supporting the opinion that international capital flow influences and threats financial safety. Especially china, whose financial industries enjoy the warrant of government-credit, should pay attention to prevent the blow of international capital flow. To summarize the features of international capital flow and the explore of international capital flow risk in academic field. Make the mechanism clear, how the international capital flow influence financial safety. With the data of countries that suffered from the Asian financial crisis in 1998, it proves the relativity between international capital flow and financial crisis.Surveying the conditions of international capital flow in china, the capital structure and term structure of international capital flow, have changed much, and the short-termed capital increases more quickly, and more capital invested in portfolio, which must to be dealt with cautiously. From bank, capital market and financial supervision, analyze the influence caused by international capital flow on Chinese financial system.At last, put forward resolves. To plan financial industry in a strategic way; to reform sate-owned bank, founder stable bank system; to promote the interest rate to marketize, develop financial market; take kinds of measures to supervise the international capital flow, realizing the openness of capital account step by step; to feed the financial derivative market, increasing the competivity of financial system.