definition
Tangible financial markets include various specialized banks, insurance companies, pension institutions, various fund organizations, securities markets, foreign exchange markets, gold markets and means of production markets.
From 65438 to 0979, the People's Bank of China started short-term equipment loans, which broke the restriction that only banks were allowed to issue working capital loans. Establish the State Administration of Foreign Exchange; The establishment of the first trust and investment company, China International Trust and Investment Company, opened the prelude to the development of the trust industry.
198 1 year, the issuance of government bonds began to resume, and the development of the capital market gradually started.
From 65438 to 0985, the banking industry began to issue financial bonds. Financial instruments such as corporate bonds, stocks and various national debts have also appeared one after another.
From 65438 to 0986, the transfer market of corporate bonds and stocks first appeared in Shenyang and Shanghai.
1April 1988, the national debt began to be listed and traded.
1990, the Shanghai Stock Exchange opened.
199 1, Shenzhen Stock Exchange opens.
From 65438 to 0997, the establishment of the national inter-bank bond market became an important turning point in the development of the capital market.
1990 10, Zhengzhou Grain Wholesale Market was officially launched as the first commodity futures market based on spot trading in China with the approval of the State Council.
From 65438 to 0994, after the reform of foreign exchange system, China formed a unified foreign exchange market.
On August 9, Shangdao Venture Capital Network was officially informed that Liangrui Technology announced that it would complete tens of milli