The Status and Challenges of Economic and Financial Development

Since the reform and opening up, China's economic and financial development has made remarkable achievements. The total economic volume has been rising, becoming the second largest economy in the world; the scale of the financial market has been expanding, and the financial system is becoming more and more perfect. However, in the process of economic and financial development, we also face many challenges. This paper will focus on the status quo and challenges of China's economic and financial development, with a view to providing reference for relevant policy formulation and implementation.