对外经贸金融英语复习资料__FinanceEnglish.doc

A reading course in Finance and Banking English 2.Objectives Paraphrase difficult words, expressions, sentences and paragraphs. Explain/define relevant banking and finance terms.（能够迅速中英文互译） Translate sentences from English to Chinese and vice versa. 3.Grading Mid-term 20%+final exam 60% + assignments and attendance 20% 注：缺席六次者将被自动取消期末资格。 4.Major references Tas—supplementary readings posted Read on line HYPERLINK HYPERLINK HYPERLINK 纸版阅读： Wall street journal ----------------the CFO’s everyday newspaper The economist ----------------the CEO’s everyday must Business week Financial times 5.For background information 《国际金融》、《国际金融市场与结构》 6.Class rules Don’t be late. Turn off the cell phone or set it at vibration(震动)。 Don’t chat in the classroom. Lesson 1 The Banking Industry in China Background information The WTO agreement: China should fully open the financial sector to foreign banks by the end of 2006. 一、History 1.Phase(阶段) 1:Monobank (1949-1978) 一元银行体制/大一统银行体制 1949-1952: nationalization and consolidation(合并) of private industries PBC, People’s Bank of China ,在此阶段担任中央银行和商业银行的双重角色。 PBC==central and commercial bank Bank that make monetary policy Bank that make foreign exchange policy 2.Phase 2: Two-Tier System (1979-1986) 二元银行体制 What happened in 1984? 1984: PBC assumed (担任….的职务)central bank State owned specialized banks：these banks are not fully commercial banks. ICBC=中国工商银行(Industrial and Commercial Bank of China) CCB =中国建设银行(China Construction Bank) BOC =中国银行（Bank of China） ABC =中国农业银行(Agricultural Bank of China) 3.Phase 3: Joint-stock policy banks(1987-1994) Joint –stock commercial banks/Joint-equity commercial banks/share holding commercial banks The first joint-stock commercial bank BOCOM=交通银行（Bank of Communications ） The first joint-stock bank -----1987 Initially founded in 1908 Significance Shareholding system for capital　　　　　　　　　　　　　采取股份制 Integration(综合) of banking ,insurance and securities business 业务多元化 Other j