英德市 河池市 乌兰浩特市 随州市 桓仁 沛县 长宁县 开远市 梁河县 安顺市 建始县 日照市 凤庆县 三台县 大渡口区 六安市
LINE

Text:AAAPrint
Economy

China's financial sector has much room for opening up: central bank governor

1
2019-10-20 23:05:10Xinhua Editor : Wang Fan ECNS App Download
标签:露台 能双人玩的象棋游戏

China's financial sector has plenty of room for further opening up compared to the requirements of the country's economic and financial development, Yi Gang, governor of the People's Bank of China, said Tuesday.

While addressing the 2018 Annual Conference of Financial Street Forum held in Beijing, Yi laid out principles to follow in expanding the opening-up of the financial sector.

The model of pre-establishment national treatment with a negative list should be adopted, Yi said, adding that the country encourages both domestic and overseas businesses to tap into the market as long as they can improve financial services. "All market entities will be treated the same."

Yi said the opening-up of the financial sector should go together with the reform in exchange rate formation mechanism and the process of advancing capital account convertibility.

China's currency formation mechanism and the entire financial sector can achieve coordinated development only when capital account items are basically convertible and the financial sector opens in both ways, he said.

"In the process of opening up, China should also pay close attention to risk control, and make sure that the country's financial oversight and regulatory capabilities are in line with the level of opening up," Yi said.

  

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.