Financial system development in China in comparison 2022
An investigation into China's economy and market openness based on key economic data indicates that the economy in China today is generally more open than in 2010, but less open than in many other advanced countries. The development of the financial system reached a score of 2.9 on a scale from zero (low development) to ten (high development), less than the open economy average of 6.2. Other investigated measures include: the level of allowed and supported market competition, the development of a modern innovation system, trade openness, direct investment openness, and portfolio investment openness.
