The Current Status and Prospects of China's Stock MarketJongkeun Kim

The Chinese stock market, created in 1990, has played a vital role in boosting the country's phenomenal economic development and high economic growth. Data published by the Chinese Stock Supervision and Management Commission, the stock market supplied 1.752 trillion yuan in aggregate capital in December 1997, equivalent to 50% of total investment in China. Specifically, class A shares accounted 1.715 trillion yuan and class B shares totaled $4.4 billion. As one of the main sources of capital to support economic development, the stock market is playing an increasingly important role. The Chinese economy may return to a stable development state, but economic growth is forecasted to at least 8%. Thus a stock market with a consolidated role is essential to the Chinese economy. Additionally, it is necessary for the stock market to adopt new roles in supplying capital efficiently and supporting reform of state-owned enterprises.

In such a fledgling stock market, such problems as implementating laws and regulations and educating domestic investors persist. The unresolved problems of transferring state and corporate shares, and integrating class A and B shares, hold the key to further development of China's stock market. This paper will analyze the current situation and the major problems in China's stock market, then discuss the role of the stock market in the reform of state-owned enterprises.

서언

Ⅰ. 序論

Ⅱ. 中國 株式市場의 發展過程
1. 發展過程 및 推移
2. 최근의 國內株式市場 및 海外上場株式의 現況

Ⅲ. 中國 株式市場의 關聯機構 및 制度
1. 關聯機構 및 監督體系
2. 株式의 種類 및 類型
3. 株式의 發行
4. 株式 去來制度

Ⅳ. 中國 株式市場의 發展要因과 문제점
1. 株式市場의 發展要因
2. 株式市場의 문제점

Ⅴ. 中國 株式市場의 展望

參考文獻

附錄