久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

 
 
 

當前位置: Language Tips> 新聞播報

Measures to boost financial markets

2012-01-10 16:49

 

Get Flash Player

進入英語學習論壇下載音頻

Financial markets will be developed and the securities industry opened further to foreign participants in a bid to diversify risk in the banking sector, a leading financial official said.

China should be "highly cautious" about systemic risk in the banking sector and needs to substantially boost the scale of direct financing, such as stocks, to diversify the risk, Guo Shuqing, chairman of the China Securities Regulatory Commission (CSRC), said.

The regulator plans to launch several new products, including high-yield corporate, municipal and government agency bonds, in order to boost direct financing. The regulator will also reduce administrative procedures regarding the issuing of bonds, he added.

Three of the world's top 10 banks, judged by assets, are Chinese. However, cash-strapped small businesses are still experiencing difficulty in raising capital.

Guo said at a regulator's annual work conference that "Some of the firms may be more suitable for stock or bond financing but they can't get sufficient financial support because direct financing remains small-scale."

"This structural problem can damage the economy seriously," he added.

The total assets of China's securities industry stood at 4.7 trillion yuan ($744 billion) by the end of 2011, according to the regulator. This accounts for only 3.9 percent of the total assets of the country's financial industry. The banking sector accounts for more than 90 percent.

Analysts said a vibrant bond market could help diversify risks and reduce over-reliance on the fast-expanding banking sector. But a healthy credit rating system and a mature credit culture are vital to expanding the bond market, they said.

Ivan Chung, a senior analyst at Moody's Investor Service, said that "The development of the bond market is a key part in reducing over-reliance on the banking system."

The regulator is also working to further open the securities market to foreign investors by raising the investment quota for Qualified Foreign Institutional Investors (QFII) in the A-share market.

Guo also noted that China needs to accelerate the development and opening of domestic market intermediaries and introduce advanced technology and personnel from developed markets.

Questions:

1. What country do three of the world's top 10 banks come from?

2. How much does the total assets of China's securities industry stand at?

3. How is the regulator working to open the securities market to foreign investors?

Answers:

1. China.

2. 4.7 trillion yuan.

3. By raising the investment quota for Qualified Foreign Institutional Investors in the A-share market.

(中國日報網英語點津 Rosy 編輯)

Measures to boost financial markets

About the broadcaster:

Measures to boost financial markets

Emily Cheng is an editor at China Daily. She was born in Sydney, Australia and graduated from the University of Sydney with a degree in Media, English Literature and Politics. She has worked in the media industry since starting university and this is the third time she has settled abroad - she interned with a magazine in Hong Kong 2007 and studied at the University of Leeds in 2009.

 
中國日報網英語點津版權說明:凡注明來源為“中國日報網英語點津:XXX(署名)”的原創作品,除與中國日報網簽署英語點津內容授權協議的網站外,其他任何網站或單位未經允許不得非法盜鏈、轉載和使用,違者必究。如需使用,請與010-84883561聯系;凡本網注明“來源:XXX(非英語點津)”的作品,均轉載自其它媒體,目的在于傳播更多信息,其他媒體如需轉載,請與稿件來源方聯系,如產生任何問題與本網無關;本網所發布的歌曲、電影片段,版權歸原作者所有,僅供學習與研究,如果侵權,請提供版權證明,以便盡快刪除。

中國日報網雙語新聞

掃描左側二維碼

添加Chinadaily_Mobile
你想看的我們這兒都有!

中國日報雙語手機報

點擊左側圖標查看訂閱方式

中國首份雙語手機報
學英語看資訊一個都不能少!

關注和訂閱

本文相關閱讀
人氣排行
搜熱詞
 
 
精華欄目
 

閱讀

詞匯

視聽

翻譯

口語

合作

 

關于我們 | 聯系方式 | 招聘信息

Copyright by chinadaily.com.cn. All rights reserved. None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited. 版權聲明:本網站所刊登的中國日報網英語點津內容,版權屬中國日報網所有,未經協議授權,禁止下載使用。 歡迎愿意與本網站合作的單位或個人與我們聯系。

電話:8610-84883645

傳真:8610-84883500

Email: languagetips@chinadaily.com.cn

主站蜘蛛池模板: 精品国产免费一区二区三区五区 | 日韩欧美视频一区二区 | 91国内视频在线观看 | 国产日韩欧美一区二区三区在线 | 久久精品国产精品亚洲综合 | 亚洲天堂免费看 | 亚洲午夜久久 | 高清国产亚洲va精品 | 国产精亚洲视频 | 男人的天堂2018| 国产亚洲精品线观看77 | 高清国产一区 | 九九视频国产 | 91成人免费在线视频 | 国内精品福利在线视频 | 欧美特欧美特级一片 | 久久国产成人精品麻豆 | 亚洲爽爽 | 手机在线精品视频每日更新 | 九九99视频在线观看视频观看 | 久久中文亚洲国产 | 另类欧美视频 | 黄色va视频| 中文字幕免费在线视频 | 国产看午夜精品理论片 | 一级做a爰片久久毛片免费看 | 亚洲精品区在线播放一区二区 | 大量真实偷拍情侣视频野战 | 麻豆传媒一区 | 日本精品久久久久中文字幕 1 | 国产一区二区三区欧美精品 | 一本色道久久88亚洲综合 | 91热国内精品永久免费观看 | 996re免费热在线视频手机 | 特黄特黄aaaa级毛片免费看 | 国产欧美日韩免费一区二区 | 亚洲国产精品一区二区九九 | 国产一区亚洲二区三区 | 日韩欧美在 | 成人网在线免费观看 | 美女图片131亚洲午夜 |