In October, 2015, the 19th issue of China Finance released full text of the expert forum paper Financial Crisis and Government Relief written by Professor He Jia of SUSTC. Professor He figured out in the paper: “the core of market-oriented economy is financial system, and the financial system is vulnerable. Researching and defensing financial crisis is the greatest challenge for market-oriented economy, and research on financial crisis is the crown of the financial research. The course of financial system development in China experiences many ups and downs. The financial regulatory authority of China is intervening in capital market and providing help to financial institutions”, and intervenes in the market in fluctuation of equity market to the greatest extent in 2015. It can be seen that, in the past 37 years, in the emerging economic system with transition, real financial crisis did not occur, and this would be the outcome of government intervention, and we should understand more about the logics of frequent intervention and its influences on the financial system development of China. 

The magazine China Finance is a publication governed by the People’s Bank of China, which takes broadened and all-dimensional great finance”as the vision, considers interpreting and publicizing financial guideline and policy, and giving feedback on execution of financial policy and researching actual financial issues as the main tasks, regards serving financial reform and development, serving financial-centered work and serves all carders and staff of the financial system as the purpose. 

The 19th issue of China Finance is a special issue for 65th anniversary of the magazine, and released many papers written by leaders in the financial system, including Zhou Xiaochuan, the Director of the People’s Bank of China, Yi Gang, the Deputy Director of the People’s Bank of China and the State Administration for Foreign Exchange, Chen Wenhui ,the Vice President of China Insurance Regulatory Commission, Zhou Mubing, the Vice President of China Banking Regulatory Commission, Zhang Xiaohui, the assistant to the Director of the People’s Bank of China, Li Yang, the Director General of National Finance and Development Laboratory and Former Vice President of Chinese Academy of Social Sciences and Wu Xiaoling, the Deputy Director Member of Financial and Economy Sector of the National People’s Congress etc.