The Leverage Status Quo and Risk Prevention of China’s Real Economy
Available Online September 2018.
- https://doi.org/10.2991/icemgd-18.2018.22How to use a DOI?
- Status Quo, The Real Economy, Risk.
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
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 - 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 - https://doi.org/10.2991/icemgd-18.2018.22 ID - Dianhong2018/09 ER -