The Research Of Capital Market And Its Risk Evasion In China

As the pace of financial market globalization speeding, the issue of capital market has been the important one in the world, during the process of capital market open, the governments of different countries are facing numerous financial risks. In addition, the movement of enormous international private capitals accelerates a lot, which aggravates the jeopardy of different risks. Also, all of these sound a warning to China economy.This paper adopts the method of combining theory analysis with positive research, absorbs earnestly the theories and achievements, uses the experience of the other countries, according to the current situation, analyses the status quo of capital market and the potential risks during the openness of capital market in China, comes up with policy advice for the development of capital market. This paper is divided into seven parts:the first two chapters are the prolegomenon and the theory summary. The third chapter combines the situations during the reform and the openness in China, summarizes the status quo of China capital market, analyses the advantages and disadvantages of China capital market in the background of international economy, and concludes the meaning of capital market openness. The fourth chapter is from the perspective of risks during the capital market openness, analyses the capital outflow, the exchange rate fluctuation, the impact on economy, and the reasons of risks. The fifth chapter takes the foreign experience as example, like America and Japanese, analyses and compares the gradualism model and the radicalism model, then puts forward the model which fits the current situation in China. The sixth chapter brings forward the policy advice for China capital market, which could avoids the risks raised by the capital market in China. And the last chapter is the conclusion.