履行WTO承诺和中国非银行金融业发展趋向.pdfVIP

Abstract As part of the nnancial industry，the nonIbank finallcial sector is a braJlch of fInancial svstem comDosed of flnancial institutio{ls wi如no credit creation fhnction such aS securities，insuratlce a11d trust a11d investment companies．With onlv a short historv of 20—odd years，non—bank fina王1cial sector haS outreached state—owned commerciaI barll(s in tenlls of asset gro、vth speed，and become a driving force for financial market development in China，and is also one of the nlafked achievements of China’s 蠡n8nciaI refoml．As丘nancial seⅣice tfade 2raduallV opens to the outside wor】d aRer China’s WTO entm it is a general trend that forei2n—funded finallcial institutions will enter China’s financial matket，thus bringing opportunities and challenges to‘the non—bank financial sectoL This article Drovides a11 overall discussion on the development trend of non-baIlk financial sector in China in the context of an open Chinese矗naneial market as a剐矗llment of our WTO commitmen括，with a hoDe to contributing to the refonn of financial regime in China and to the adoption of strategies for a11 open financialindusny． This anicle is composed of six chapters．Chapter 1 is an introduc“on，in which the author defines吐【e meaning of“non-bank 6nancial sector’’and then introduces maior issues to be discussed in this article． ChaDter 2 covers the classification and characteristics of non—barll( financial sector in develoDed countries． with coulltry-based comparisons for the UK，me USA，South Korea and Japatl．Chapter 3 illuminates several maior pmblems arising from the cun．ent development mmu2h an analysis of its current condition．Chapter 4 mainIy covers WTO mles and China’s sDecific commi协lems on tlle opening of its non．bar山fina工lcial sectoL Chapter 5，the kev part 0f mis anicle，discusses me development trends of China’s non-bank financial sector ar心口uts forward practica_ble su叠gestions and strate甄es to address the afbre．mentioned Droblems in the non—bank nnancial sector and the commi仃nents to be