Home>News Center>China
       
 

China to lift restrictions on foreign banks
(Xinhua)
Updated: 2004-07-01 08:58

China will further open its banking industry to the outside and gradually lift restrictions on foreign banks, said an official with the China Banking Regulatory Commission (CBRC) in Beijing Wednesday.

Foreign banks would be given more room for development in customers, business and regions, said Li Wei, vice president of the CBRC at the ongoing First China International Conference of Service Industry in Beijing.

And finally, all the restrictions would be lifted, said Li.

The Chinese government and the CBRC have strictly followed the country's commitments to the World Trade Organization in the area, said the CBRC official.

China has lifted restrictions over forex business on foreign banks and increased the number of regions where foreign banks are allowed to start renminbi business from two to 13.

Foreign investors are also allowed to join Chinese financial institutions and the percentage in the joint-ventured financial institutions increased from 15 percent to 20 percent.

Up to now, six joint-stock commercial banks and city commercial banks in China have got official permission to absorb foreign investment.

By the end of May, the total assets of China's banking industry amounted to 29 trillion yuan, or 90 percent of the total assets of the country's financial industry.

China has four commercial banks, three policy banks, 11 joint-stock commercial banks and many other financial institutions.



 
  Today's Top News     Top China News
 

Beijing ready to talk with Taipei on 'three links'

 

   
 

China to lift restrictions on foreign banks

 

   
 

China opposes Japan's sea gas decision

 

   
 

New licensing law streamlines bureaucracy

 

   
 

Beijing's heritage status to be questioned

 

   
 

Fed raises rates, pledges gradual course

 

   
  New licensing law gets unprecedented attention
   
  China opposes Japan's sea gas decision
   
  Beijing ready to talk with Taipei on 'three links'
   
  China, S.Africa to launch free trade talks
   
  Police crack Taiwan telemarketing gang
   
  Vice-premier: Service sector to open wider
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Foreign banks buy more shares
   
'Unique' China defies world's predictions
   
State bank splits up in pilot reform
  News Talk  
  When will china have direct elections?  
Advertisement
         
主站蜘蛛池模板: 欧美一级在线观看视频| 蜜桃成熟时33d在线| 奇米影视777色| 久久一本色系列综合色| 最近中文字幕免费mv视频7| 亚洲欧美色图小说| 男人和女人做爽爽视频| 午夜亚洲av永久无码精品| 跳d放在里面逛超市的视频| 国产欧美一区二区另类精品 | 欧美日韩综合一区| 你懂的在线播放| 精品国产一区二区三区无码| 国产一区二区高清| 青春草在线视频观看| 国产成人精品午夜在线播放| 亚洲宅男精品一区在线观看| 国产精品无码a∨精品| 777米奇影视盒| 国产美女视频网站| 97久久天天综合色天天综合色| 天天干天天射综合网| www.日日夜夜| 女娃开嫩苞经历小说| 一本久到久久亚洲综合| 成人国产一区二区三区| 中文字幕在线免费播放| 揄拍成人国产精品视频| 久久久久久AV无码免费网站下载| 日本边添边摸边做边爱边视频| 乱人伦人妻中文字幕无码| 欧美一区二区三区久久综| 亚洲制服丝袜中文字幕| 欧美人与z0xxxx另类| 亚洲国产成人va在线观看| 欧美日韩在线视频一区| 亚洲欧美18v中文字幕高清| 欧美视频在线观看免费| 亚洲欧美自拍一区| 欧美日韩精彩视频| 亚洲国产欧美日韩精品一区二区三区 |