首頁最新消息簡介攝影畫廊讀經日引網上資源網上下載網上討論區聯絡我們
聖經金句

神啊,求你為我造清潔的心,使我堶戚奐s有正直(或作:堅定)的靈。
詩篇 51:10



 
聖經查詢
聖經查詢(新版)
關於我們
目錄導覽
音樂詩歌點播
文化天地
時事論壇
世界經濟
育博通
珠璣集
幽默
News
時代論壇报
山行文化出版社
文藝園地
健康資訊
中美友好協會
美國新聞 ( 国际日报 报道)
南粵之窗
Amazing Qingdao - 今日青島
Panda Mania 熊来疯
教會機構專欄精選
網上奉獻與支持
故障申告
聯絡我們
網站維護

設為首頁
加入「我的最愛」
瀏覽流量統計
人數: 2,812,587 
頁數: 29,812,833 
下載: 10,369 
Since 11/2005


訂閱電子報

訂閱電子週報
自訂閱名單移除
電郵Email:



  
   

Bookmark and Share   
 
China's financial opening 'not a threat' for local players: analysts
7/11/2018



The further opening of China's financial sector, despite introducing foreign competitors, would help introduce more mature financial products and test the governing ability of Chinese financial regulators in face of a more dynamic environment, industry insiders said at the ongoing China Wealth Forum (CWF).

The comments were in response to recent heated discussion over whether the country's financial industry is opening up too fast and sending in "wolves" that threaten the survival of domestic players.

"The [financial sector's further opening] to foreign investors is a stimulus for domestic financial entities, not a threat at all," Renzo Isler, an Italy-based insurance expert told the Global Times over the weekend on the sidelines of the CWF in Qingdao in East China's Shandong Province.

"It's good because from a competitive point of view, it will make domestic players feel the immense pressure and therefore realize that they need to improve, develop better products and financial tools and bring up their service quality to an international level," Isler noted.

China unveiled a new version of a negative list in June which drastically expanded market access for foreign investors. Under the new rule, foreign investors in securities, securities investment fund management corporations, futures and insurance companies are allowed to hold a maximum of 51 percent of shares in joint ventures (JVs). The cap will be removed in 2021.

Toshiyasu Iiyama, Executive Vice President of Japan's largest securities trader Nomura Securities Co, said that the company has already submitted applications to hold 51 percent of a new JV's shares to China's securities watchdog under the new rule. "We have spotted plenty of opportunities, as there are a number of businesses in the financial industry that have not been completely covered by China's financial entities," Iiyama said at the CWF.

Isler also stressed that the opening-up measures are being carried out at the right time and will not shift the balance between Chinese and foreign financial institutions.

"Currently, local players have grown up and developed knowledge, and they have dominated the market," he said, indicating that Chinese financial institutions are capable of handling the upcoming competition.

So far, joint ventures in China's financial industry only account for around 4 percent of market share, according to Isler.

A test for domestic regulators

While dismissing market concerns, experts also stressed that the acceleration of the financial opening would also test the governing ability of Chinese financial regulators, as they will be expected to monitor in a more dynamic environment and deal with ongoing risks.

Guan Tao, a former senior official at the State Administration of Foreign Exchange (SAFE), suggested at the forum that Chinese authorities should balance the strengthening of supervision after the financial opening-up.

"There should be a mild buffering area so as to avoid the scenario of too much regulation leading to a dead-end, and too little regulation leading to chaos," he said.

On the one hand, the supervision should be flexible rather than imposing strict rules and regulations. For example, the banks' foreign exchange service in China could be conducted based on international rules. And such an efficient and flexible model can replace the current stipulation of SAFE, under which only those who can provide a certificate are eligible for business, according to Guan.

But on the other hand, the government should be able to keep its last line of defense and maintain the ultimate hand, experts said.

Isler also warned that the domestic regulators should enforce further rules on the financial sector's risk management and governance practices, in particular the misuse of funds by domestic financial institutions, so as to "give confidence to foreign investors."

 

Source:People’s Daily/Global Times 


相關訊息

我們要下狠心限鹽 
 

背叛發生後, 怎麼重建信任 
 

Bamboo trees help villagers grow local wealth and beauty in Sichuan 
 

World's oldest captive giant panda enjoys mooncake at Mid-Autumn Festival 
 

Chinese tourists to Israel up 30 pct in August 
 

Feature: Slow Food movement to protect villages from extinction 
 

中秋小長假青島Qingdao納客173.46萬人次 奧帆中心同比漲300% 
 

省運會10月12日晚將在青島Qingdao開幕 六處新建場館驚豔亮相 
 

月是故鄉明 青島Qingdao中秋美月圖合集送給你 
 

2018“青島Qingdao招才引智名校行”啟動 投簡歷的90%都是碩博 
 

米蘭時裝周現青島Qingdao面孔 中國小超模團隊首登世界級T臺 
 

Night view of Qingdao in east China's Shandong 
 

建水紫陶街,雲南Yunnan文化旅遊新地標 
 

雲南Yunnan建水:民宿旅遊讓古建築重獲新生 
 

加州教師涉嫌在校園內引發兩起火災 
 

本目錄中最多閱覽的文章

朱易 : 馬鞍峰教會的增長及其深遠影響 (1) 
許多前來參加每年一次牧師研討會的牧師感到(2003年人數達到二十五萬之多),他們正經歷著一場由華理克牧師主導的改革運動,他們好像又回到了激動人心的馬丁路德改教運動的時代,不同的是他們可以與領導今天這場改革的領袖相遇和交談。

華理克牧師認為馬丁路德時代的改革是讓教會清楚教會所相信的是什麼,這也是我們今天還在傳講的資訊和教義,而今天的改革是讓教會清楚教會要做什麼


第二次宗教改革的呼聲 
新興教會的運動是教會的第二次宗教改革, 它將徹底改寫教會歷史, 並開創全新的教會時代.

朱易 : 馬鞍峰教會的增長模式和教會市場法的危機 (1) 
除了“目標導向”的增長公式,許多牧師認為華理克牧師還有增長的秘訣,但華理克牧師認為他的增長策略其實是十分簡單,歸納起來只有三條.

不少學者持懷疑的態度, 他們認為“目標導向”不過是將傳統的基督教原則作了不同的包裝。




《断背山》风头正健,价值观江河日下 (1) 
对基督徒而言,这部影片只不过是一个用艺术包装起来的同性恋合理的说教。但这一次,基督徒却无法用忽略它的存在的方式来反击它,他们必须寻找新的方法来坚守传统的战线。


朱易: 他的正面思維影響了全世界 (1) 
但是斯凱勒在教會界配受尊重,除了他在教堂的建造上獨樹一幟外,他的人品和神學上也頗為出色。他是少數幾個沒有醜聞的電視布道家之一,而讓他成為非主流教會和許多基督徒仿效的對象的原因是,他的講道著重正面信息,用正面思維看問題。


   Email: sino.american2020@gmail.com    Powered by Web4Jesus (W4J) Ministry