The Impact of Interest Rate Liberalization on the Balance of Wealth --Taking Guangzhou as an Example
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Yanlin Chen, Xiangwu Zheng, Yutong Jiang, Xiaoman Lu1, Yijia Li, and Renfeng Deng
Focusing on the current economic situation in China and Guangzhou, this paper analyzes the impact of interest rate liberalization on individuals, trade and enterprises, and further compares the changes of data and economic variables in various fields at home and abroad before and after interest liberaization. It puts forward reasonable suggestions and feasible schemes in the direction of reform, and enhances public confidence in the implementation of interest rate liberalization policies.
Interest rate liberalization, Equilibrium of wealth, Financial market