I.TheRoleoftheBankingSector-2(FECT)
I.The Role of the Banking Sector in China the first phase a mono-bank policy and commercial banking operations highly centralized planned economic system State Council market forces diversification of financial institutions specialized bank ICBC=Industrial and Commercial Bank of China ABC=Agricultural Bank of China BOC=Bank of China CCB=China Construction Bank wholly state-owned commercial bank the Decision on Financial Reform financial market financial institution financial instrument financial order to restore financial order a comprehensive pakage (of) inflation pressure sign of overheating real estate sector stock markt structural measures unification of the RMB exchange rates and foregn exchange market central banking law commercial banking law legal basis obligation of Article VIII commitment to RMB current account convertibility the Articles of Agreement of the International Monetary Fund restrictions on international payments trade and service transactions a unified inter-bank money market liqidity adjustment gradual shift direct monetary policy instrument indirect monetary policy instrument transmission of monetary policy effectiveness of macroeconomic management segregation of banking business from securities and insurance business I.中国银行业的作用 第一阶段 单一银行(制) 政策性和商业性银行业务 高度集中的计划经济体制 国务院 市场力量 金融机构多元化 专业银行 中国工商银行 中国农业银行 中国银行 中国建设银行 国有独资银行 金融改革的决定 金融市场 金融机构 金融工具 金融秩序 恢复金融秩序 一篮子… 通货澎涨压力 有经济过热迹象 房地产部门 股票市场 结构性(调整)措施 人民币汇率与外汇市场并轨 中央银行法 商业银行法 法律基础(依据) 第八条款义务 在人民币经常项目下可兑换的承诺 国际货币基金组织协定条款 对国际支付的限制 商品和服务贸易 统一的银行间货币市场 流动性调节 渐进性转变 直接的货币政策工具 间接的货币政策工具 货币政策传导(机制) 宏观经济管理效率 银行与证券业和保险业的分业经营 |