Research On The Normative Development Of China’s Shadow Banking

With European and American countries, the shadow of the domestic bank occurs later, the rate of assets securitization is relatively low. Although started late in China, with the rapid development of economy in our country, the shadow Banks were also in rapid development stage, and due to the demand of the economic development, more and more companies need capital to promote the development of it in large part it has given rise to the rapid development of the shadow banking. Research on shadow banking abroad most scholars pay attention to its internal mechanism, risks and related prevention,; Domestic is more attention on its influence on monetary policy, and research the influence of credit creation aspect is relatively less. Articles for more than a few considerations, research has focused on the review of the influence of shadow banking and function, especially for credit creation aspect influence.Based on the research of the shadow banking system, this paper mainly divided into four parts. The first part is summary and general analysis of the shadow banking system. The writer gives the shadow banking its own definition from the aspect of academic research. The second part mainly analyzes the difference between western and Chinese shadow banks, namely the status of the west shadow banks and commercial banks, and China is "shadow" Banks, dependent on commercial Banks; then followed by the development process of shadow banking to study its influence on our country’s economy. The third part focuses on the shadow banking credit creation function analysis and effect of its monetary policy to our government and related suggestions about its development. The forth part is normative research, and put forward some problems and suggestions.