The Research on the Path Identification of Macro Financial Risk Infection and Financial Stability Mechanism in China, written by Associate Professor Xiaoying Bai, researchers at the School of Finance, Zhongnan University of Economics and Law, and the Innovation and Introduction Base of Digital Technology and Modern Finance, was officially published by the Economic Science Press.

Content Introduction

This book studies the sectoral characteristics and paths of China's macro-financial risk contagion, and proposes macro-regulatory countermeasures for financial stability and micro-enterprise mechanisms. It not only theoretically explains the phenomenon of the financial sector's detachment from reality, the financialization of the enterprise sector, and the "gray rhino" of macro-financial risk contagion in China, but also provides theoretical and policy references for effectively preventing and controlling China's macro-financial risks.

The monograph "Research on the Path Identification of Macro Financial Risk Infection and Financial Stability Mechanism in China" was supported by the Humanities and Social Sciences Research Project of the Ministry of Education (18YJA790003) and the project of the "Digital Technology and Modern Finance Discipline Innovation Base" jointly funded by the Ministry of Education and the Ministry of Science and Technology (B21038).

Teacher Profile

Xiaoying Bai, associate professor at the School of Finance of Zhongnan University of Economics and Law, holds a Ph.D. in economics. She is a visiting scholar at Washington University in St. Louis, USA. She has also served as the deputy general manager of the Corporate Business Department of the Hubei Branch of the China Construction Bank and as a financial consultant for multiple enterprises, including the State Grid, China Communications and Transportation Group, and China Railway Construction Group. Her main research areas include financial risks, asset pricing, and financial technology.