The Leverage Status Quo and Risk Prevention of China’s Real Economy

DOI

10.2991/icemgd-18.2018.22How to use a DOI?

Keywords

Status Quo, The Real Economy, Risk.

Abstract

The leverage ratio of Chinese real economy has soared since 2008,especially among the government departments and nonfinancial corporate sectors. High economic leverage has reduced the utilization rate of real economy debt investments. As a result, corporate accounts receivable have increased and face a great risk of bankruptcy. And the high leverage in the real economy also affects the stability of the financial system and society. Using the experience of other countries for reference, China's deleveraging process should be laid out early, insisting on structural reforms as a permanent solution. At the same time, as the real economy is deleveraging, the financial sector should take the initiative to coordinate and the non-financial sector should adopt differentiated strategies.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zheng Dianhong
PY  - 2018/09
DA  - 2018/09
TI  - The Leverage Status Quo and Risk Prevention of China’s Real Economy
BT  - Proceedings of the International Conference on Economic Management and Green Development (ICEMGD 2018)
PB  - Atlantis Press
SP  - 129
EP  - 135
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemgd-18.2018.22
DO  - 10.2991/icemgd-18.2018.22
ID  - Dianhong2018/09
ER  -