History of many important economic
In Chinese stock market is necessary to start as soon as possible in the decision-making accountability, more because China’s stock market has is a be able to influence the entire national economy fate and lifeblood global market. Market forces increasingly powerful makes Chinese stock market of China’s reform and Mbt shoes development to assume the task of The Times, bearing up major economy to power from the historical responsibility economic. The development of the market, expand the scale, the more you need a perfect legal system, the more likely it is to need an effective system balances. New and transformation of the market characteristics had decided the government and management is the market of the development of the market regulator is also the promoter of such dual role, in such a dual role in integrating system background and development background, the influence of decision-making deviate not local but global, will not but current and more long term. No corresponding legal system and the system guarantee, market and the rights and interests of the investors, it is hard to get normal and effective protection, and lost the need to protect market would never have become a healthy and orderly market.
History of many important economic and social progress, often are made by some sudden and major events contributing. Chinese stocks “new May 30th massacre belong to mbt footwear this kind of major special events. In May 2007, the government in international investment Banks 30 non-overtime quashing stock market, urged the image of international investment Banks make already suffer significant damage, also make the government’s prestige suffered serious damage. Comprehensive reflection this time the market conditions since, on the basis of further clear market, investors and government power boundary and market definition, China’s stock markets could return to the track of development of market operation, otherwise, it will fall into “policy city” of mud and to extricate themselves.