●INTRODUCTION
●Section 1 Literature
●Section 2 Financial Development
●PART 1 CHINA'S FINANCE-GROWTH PUZZLE
●Section 1 Finance-Growth: from Nexus to Puzzle
●Section 2 Financial System's Inefficiency in China
●Section 3 Adaptive EfficiencySection 4Financial Repression Rate & Its Liberalization
●PART 2 FINANCIAL INSTITUTIONS' REFORMS
●Section 1 Banking System Reforms
●Section 2 Credit System Reforms
●Section 3 WTO-Oriented Reforms
●CONCLUSION
●BIBLIOGRAPHY