Research on reform and innovation of Chinese financial factor market

With the development of reform and innovation of finance in China, financial factor market has got rapid development, which is also an inevitable result of market-oriented economy development. As a new thing, financial factor market can promote concentration of financial capital, financial information and modern financial service, which is necessary for the construction of multi-level capital market in China. While on the other hand, many problems that hinder the development of financial factor market still exist. Only by analyzing the development status of financial factor market, looking for the defects existing in its operation system and mechanism, and taking right measures of reform and innovation, can we regulate the order of the market, remove potential transaction risks, and promote the market´s health development.