The Roadmap for the Reform of the Financial System
The Political Report to the 18th National Congress of the Communist Party of China decides that we should leverage, to a greater extent and in a wider scope, the basic role of the market in allocating resources. Capital leads and guides factors of production. The allocation of resources by the market mainly refers to the allocation of capital, and other factors of production would follow and gather where financial institutions allocate capital. At present, the scale of China’s capital stock is huge.