In China strong control in the longitudinal social structure and the weak market base in the personalized trading customs determine that the government plays a key role of in China s financial development.

Laozi s proposition "Dao Fa Zi Ran" has the connotation of religious non-personification,multiplicity and dynamic chaactenistic,which may be useful for doing away with the superstition of religious monism,avoiding narrow-mindedness and obastinacy,solving problems of reigious conflict and social conflict,and expounding the contradition of the co-existence of god and evil.

Impersonalized exchange is not the purpose of institutional change,and it doesn t mean developed countries do not necessarily have better financial institutions.