The perspective of expanding the market-oriented reform of banking

-Easy Cotton Yang in the western new economic history of the standard-bearer, the Nobel laureate in economics, north, Economic history is the chronological interpretation of economic history. The economic events of yesterday have become economic history today, and today's economic history is the applied economics of the past. Because of this, economic historians, especially those who study the history of contemporary economy, should look at the past, one sees the reality, two eyes linkage, through economic history and economic reality, and then forecasts the future from history and reality. This is the effect of economic historiography, or economic historiography as a reason for the existence of independent disciplines. An important prerequisite for economic historiography to exert its effect is to produce a large number of treatises which can combine the theory of sedimentation with the following.　　In recent years, this work is now in the study of Lin, Professor Song, "China's banking market reform of the Historical Review (1979-2006)" (hereinafter referred to as "inspection") is one of the important results. Professor Zhao Dexin, a famous economic historian, pointed out that the study of economic history should follow the history, and with the change of economy, we should stand at the latest historical level, analyze the past economic changes from the latest economic situation, reveal the relationship between economic history and economic reality, and realize the function of economic history. At the same time, Professor Zhao put forward the theory of the following, and put forward the theory of precipitation, economic phenomenon only after a period of precipitation period can see through the historical representation of the truth, unified to see the "Follow Theory and precipitation theory" organic combination. This is the case with a serious economic history. The study was limited to 1979, due to the year is the annual reform, in the spirit of following history, Professor Song limited the study to the 2006, in his view, not only the year is the Chinese banking market reform of the phased end, and after two or three years of precipitation, has been able to make a clear understanding of it. On the basis of absorbing the words of each family, from the perspective of marketization, the history of China's banking changes in the past 28 years has been made with the most discerning historical stages: the starting period of reform (1979-1984), the exploration period of reform (1985-1997) and the deepening period of reform (1998-2006).　　So the stage should be the creation of "investigation", it not only has academic value, but also has great practical significance, which helps us to understand the process and gain and loss of China's banking market reform in each period, and helps people to think about the direction of China's banking market reform in the next stage. Finance is the core of economy, and banking is the core of economy. Because of this, the relevant research results are voluminous. Professor Song searched and read these literatures in carpet style, detailed analysis the academic achievements of predecessors, and put forward the academic space left by predecessors in this research field. On this basis, he also grasped a key variable in the process of China's banking reform since 1979-marketization, and regarded it as a research perspective. The perspective itself has a theoretical height, and this is what "study" has, but also the pursuit of economic history research. In his writing, Professor Song strictly followed the research paradigm of economic historiography and explored as many relevant materials as possible, and made the data as a whole system, and the statistics listed in the study are just missing from many economic works. Professor Chingping, a famous economic historian, has put forward the theory of "Shinue" in the Study of economic history: put forward new problems, excavate new materials, use new methods and draw new viewpoints. It should be said that "four new" is the highest goal of the study of economic history, or a book of economic history has no new ideas of the measurement. A book of economic history can be handed down as long as there are one or two innovations.　　"Study" a book, from a new perspective, the use of new methods to interpret the data, to obtain a series of new ideas, is bound to be both the economic academia and the economic historians and even the industry welcome. Professor Song is similar to my academic interest, and exchanges a lot. As a limelight, I now talk about my humble opinions. First, can we design a set of market-oriented indicators to quantify China's banking market reform? Second, can we show the decision variables (such as government, bank) that promote the marketization reform of China's banking industry and how to choose the market-oriented reform path and how to play the game among the variables?　　Third, since banking is the core of the core of the economy, whether the performance of the banking market reform can be extended to the contribution rate of the banking markets to the whole Chinese economy, and on this basis, to indicate the future path of the market-oriented reform of China's banking industry?　　In a word, "study" is a book that can inspire readers to understand the Basic Law of banking reform and development in the perspective of China's social and economic changes, and to broaden the understanding of the reform of the banking market. (The author is associate professor of business School of Hunan University of Technology, Ph. D)