Column of the editorial leader of the telecommunications/new waves (Bkopleader, Microcredit) China’s capital markets have undergone rapid development, from an inexpensive, small to large scale, and in many ways have gone through the path of developed markets for decades and even centuries. Today, capital markets have become an important part of our socialist market economy, with the world’s second largest market value. However, the Chinese capital markets themselves also have a number of urge...