国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Make me your Homepage
left corner left corner
China Daily Website

StanChartered, HSBC 'poised to enter FTZ'

Updated: 2013-09-11 08:52
By WANG YING in Shanghai (China Daily)

According to Ding, by facilitating investment channels, lowering entry barriers for financial services and offering a level-playing field for private-sector companies and State-owned ones, the FTZ will be a bright spot for the financial hub of the world's second-largest economy.

"The pilot zone is a crucial move in adapting to global economic and trade developments and imposing a more proactive opening-up strategy," said a Ministry of Commerce statement, adding that it will help explore a new path for China's opening up, speed the transformation of government functions and promote economic restructuring.

In July, the SCMP reported that Beijing would allow foreign banks to set up wholly owned subsidiaries in the new zone. The move could cut years from the time foreign banks must otherwise spend before opening branches or subsidiaries on the mainland.

According to the report, lenders in the zone may be allowed to provide unrestricted banking services similar to the offshore yuan trading offered by HSBC, Standard Chartered and other banks in Hong Kong, which are already popular with corporate and individual clients.

Dim sum bonds, loans and foreign exchange trading are expected to be included.

Policymakers may allow free conversion of the yuan under the capital account and market-oriented interest rates on a trial basis in the pilot free trade zone, according to a draft plan acquired by Bloomberg News.

It also said that qualified foreign banks may get the go-ahead to set up branches or joint ventures with local lenders in the zone, with some Chinese banks possibly offering offshore banking services,

"If this speculation is true, it will be a great stage in the nation's economic reform, and that will upgrade China's economy from low-end manufacturing to higher-end services," said Shen Zhengyang, an analyst with Northeast Securities Co Ltd.

FTZ concept stocks had another strong day on mainland markets, with 23 rising by the daily limit.

Gao Changxin in Hong Kong contributed to this story.

Previous Page 1 2 Next Page

 
 
...
阳朔县| 青浦区| 荃湾区| 肇东市| 吉安市| 枝江市| 巢湖市| 繁昌县| 尚志市| 乳源| 民丰县| 水城县| 沅江市| 洪江市| 奉贤区| 武乡县| 维西| 聂荣县| 汤阴县| 丹阳市| 南投市| 宣汉县| 温州市| 博乐市| 潢川县| 山西省| 永川市| 河南省| 临西县| 梁平县| 扎赉特旗| 清水县| 汉寿县| 通州区| 舞钢市| 裕民县| 九江县| 南华县| 安泽县| 石门县| 环江|