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

Business / Economy

China's capital market reform to support economic growth

(Xinhua) Updated: 2014-11-14 17:22

BEIJING - China's efficiency in allocating capital and resources is critical to achieve sustainable economic growth in the next few years, a Moody's report said Friday.

"The capital market development will play an important role in allocating resources within the real economy and supporting economic re-balancing," said Jenny Shi, Moody's Country Manager for China, in her latest report concerning China's capital market reform.

Shi identified securitization, reform in local government debt, internationalization of the?renminbi market and the formation of global connections as four key areas necessary for the development of China's capital market in her report.

China's securitization market -- which is still at a developmental stage -- is playing a key role in deepening the country's credit market, but the diversity of the investor base needs to be broadened to truly shift risks away from the domestic banks, according to the report.

With reform of local government debt, the new guidelines announced by China's State Council in October, together with earlier reform measures, are another milestone in the development of a Chinese local government bond market and in China's broader policy goal of economic re-balancing, Shi said.

The report said that the internationalization of the?yuan bond market has progressed significantly and new issuance continues to grow despite the softening in Chinese yuan, which is a strong indicator of the offshore?yuan market's successful transition from pure currency play into an international fixed-income asset class.

According to the report, opening up China's capital markets to foreign investors will directly increase the capital pool available to the efforts on economic re-balancing.

The China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission announced on Monday that they had approved the launch of the pilot project to provide mutual-trading access between the Shanghai and Hong Kong bourses.

The launch of the Shanghai-HK stock link is an important step toward completion of a long list of reform targets set in November 2013, when China promised to boost the opening-up of the capital market and speed up convertibility of renminbi on the capital account.

China's capital market reform to support economic growth China's capital market reform to support economic growth
BOC sees 'limitless' opportunities 
More steps to boost yuan supply likely 

Hot Topics

Editor's Picks
...
宜君县| 满洲里市| 日照市| 彩票| 吴桥县| 汉寿县| 枝江市| 渭南市| 祁连县| 尼木县| 富宁县| 平果县| 蚌埠市| 临江市| 弥勒县| 屯昌县| 呼伦贝尔市| 西峡县| 山西省| 黔西县| 丹阳市| 怀仁县| 龙山县| 武川县| 许昌县| 探索| 五指山市| 台安县| 得荣县| 房山区| 余干县| 苏尼特左旗| 宁强县| 七台河市| 淳化县| 邢台市| 武鸣县| 广平县| 湖北省| 泸州市| 张家口市|