Abstract:
In recent years, the epidemic has swept the globe, with manufacturing, consumption and investment, everywhere severely damaged. The world economy is in the worst position it has been in since the Great Depression. While the disease was occurring, the world's economies were slowly recovering. Changes in the financial structure are driving the financial economy as economic growth and financial activity go hand in hand. The financial structure is an important indicator of a country's financial development and has become an important driver of economic growth. This paper describes in detail the financial development of the U.S. and Chinese financial markets from the perspective of historical development and provides an in-depth study of the financial structure of the U.S. and China. The purpose of this paper is to compare the major differences between the U.S. and Chinese financial markets and to further examine the impact of the different financial structures of the U.S. and China on economic growth.
