The Problems And Countermeasures Faced By The Chinese Government In The Marketization Of Interest Rates

With national economic development and transition gradually, research and practice about financial reform has always been the focus of attention.For developing countries a universal problem in the early stage of economic take-off and wide attention in academic circles put forward the financial liberalization, financial liberalization is the reform of financial regulation, and as a financial market liberalization of one of the most important price index, interest rate marketization is the final goal.Establish a market-oriented system has always been the ultimate goal of the reform of economic system in China, the "invisible hand" plays the fundamental role in the allocation of resources.In recent years, along with the unceasingly thorough reform, the vast majority of goods in our country has achieved market, price distortion phenomenon has rarely exist, but as a universal equivalent of commodity currency prices, interest rates are still firmly in control by the government.Because all of the Commodity Exchange under the condition of the monetary economy depends on the medium of money, so in this sense, so to speak, without interest rate marketization, there is no real sense of the market economic system, land productivity of allocation of resources will not be eliminated fundamentally.However, due to the special role of money in a market economy, interest rate decision and not just rely on the market. So the government will face the problems in the process of interest rate marketization formed correctly and make relevant countermeasures, for us it is in the developing countries in the process of economic transformation, is very important.