<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      China further opens banking, insurance sectors

      Source: Xinhua| 2018-04-28 03:00:56|Editor: yan
      Video PlayerClose

      BEIJING, April 27 (Xinhua) -- China Friday rolled out a set of measures to open its financial sector wider to the world, including expanding business scopes of foreign-funded banks.

      The new rules will allow foreign-funded banks to conduct business such as the underwriting of government bonds, and will lift foreign ownership limits on banks and financial asset management firms, the China Banking and Insurance Regulatory Commission (CBIRC) said in an online statement.

      Foreign-funded insurance brokers will have the same business scope as their Chinese counterparts, according to the statement.

      The measures are in line with plans disclosed by authorities at the Boao Forum for Asia annual conference earlier this month.

      As part of the country's broader opening-up push, China will encourage foreign investors to enter its trust, financial leasing, auto finance, money brokerage, and consumer finance sectors, a move that will take effect before the end of this year, China's central bank governor Yi Gang said at the conference.

      Foreign businesses will be allowed to own up to 51 percent of shares in life insurance joint ventures, and the cap will be phased out over three years, he said.

      The CBIRC will implement these measures as soon as possible, the statement said.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011105521371424201
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          中文成人免费久久久 | 日本特黄高清免费大片 | 亚洲视频中文字幕 | 日韩中文高清在线专区 | 亚洲成成熟女人专区 | 制服丝袜亚洲经典中文字幕 |