A Financial History of China (1949–2019)

This book summarizes the financial development of China from 1949 to 2019. This book divides the process of financial development during the past 70 years into five stages, focusing on the development characteristics of different parts of the financial institution system, including banks, securities, insurance, and other financial institutions, as well as the difficult growth process of financial markets (currency, capital, bond, and foreign exchange markets, etc.) from absence to existence, from small to large. This book objectively analyzes the achievements of China’s financial industry in the past 70 years and reveals the historical experience and enlightenment contained therein.

Wu Yunxian completed Bachelor and Master of History in Peking University and Doctor of Economics in Renmin University of China. She is currently a professor, a Ph.D. supervisor, and the director of the Institute of Business History, China University of Political Science and Law. Her main research fields are economic history, enterprise history, and financial system. She has published monographs HSBC and China Finance Research (2007), German Business History (2013), and Learning Advanced Manufacturing Industry from Germany (2015). She is also the translator of Cambridge American Economic History (Volume 1, 2008). She has published more than 40 academic papers in various journals and collections, such as Contemporary Chinese History Research, Political Economic Review, Research on the History of the Communist Party of China, Hebei Academic Journal, and Tsinghua Management Review, and her topics include Game Analysis between the Federal Government and Local Forces in the Change of American Banking System, Economic Analysis of the Trend of China's Currency and Cash M0 Change, and On the Development of American Finance, etc. She is the main author of the third version of textbooks "World Economic History".