As for the driving force of economic development, despite high investment and export growth rate as well as excessive energy consumption, growth of China’s per capita national income has been slow, and domestic consumption remains slack. Some rural areas even haven’t got out of poverty.
So China’s economic development mode must be transformed to  BIS Review 119/2006  1  support balanced development between eastern, middle and western area as well as urban and rural areas through boosting domestic demand and a new type of industrialization. Second, harmonious financial development is an important part of the balanced economic development. Financial industry is the core of modern economy.