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Mainland China Stock Exchange Market, since establishing Shanghai Stock and Securities Commission in 1990 and Shengtseng Stock and Securities Commission in 1991, has enjoyed a substantial and rapid development in the past 5-6 years. Nevertheless, subject to its political system and adopted Social Economic modeling, Mainland China''s stock market is equipped with an unique feature and special problem in its development and that also results in a large impact on China''s economy within a short of several years. There are seven features concerning the development of Mainland China''s Stock Exchange Market: 1.The stock market is expanding and growing up very fast. 2.The transaction technique and its efficiency have already reached the international advanced level. 3.Diversification of Stock Market. 4.Speculative atmosphere is getting thicker and thicker. 5.The market is gradually moving toward systematic modeling development. 6.The stock market is moving toward international development. 7.The multiple functions of securities market is gradually developing up. There come several problems regarding the development of China Stock Market as follows: 1.Problems of its supervision and management. 2.Stocks and Securities'' legalized problems. 3.Problem of Market Scale. 4.Problems of the Frequency of Administrative Intervention. 5.Problems of Stock lssuance''s Quota System and Repeated Evaluation. 6.Problems of Government-run Stocks'' Circulation. 7.Probles of Investors'' Structure. 8.Problems Caused by the Information Disclosure. 9.Problems of Accounting Cirteria. 10.Problems of the Internationalization of Stocks and Securities Market. There are seven points regarding the economic influence caused by the development of Mainland China Stock Exchange Market: 1.for use to collect the social capital and solve the insufficient fund problem of production and construction. 2.for use to adjust and control people''s economy. 3.for use to upgrade the efficiency of social capital''s uses. 4.for use to improve the operating system of Mainland China''s enterprises. 5.for use to increase society and public financing awareness. 6.a new management to internationalize stock market, expediting and absorb overseas fund. 7.set up a model of Mainland China''s economic system innovation. As Mainland China is continuing varying economic innovations and the modeling of all related law stipulations, and also with the internationalization of its economic market, the future development of stock market in Mainland China shall be quite potential.
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