Introduction

Abstract

I have been working at the Department of Monetary Policy in China’s Central Bank since 1996, designing and conducting with my colleagues the reforms of the money market, interbank bond market, and foreign exchange market of China, as well as taking note of the development of the stock market. From a frontbencher’s perspective, I have been pondering on the theoretic framework and the path to take concerning China’s financial reforms. A number of papers were produced during the time. Financial Reforms in Modern China: A Frontbencher’s Perspective is a collection of 22 papers that represents my major points about the reforms.