|
BIZCHINA> Center
![]() |
|
Related
Long-term financing market encouraged
(Xinhua)
Updated: 2008-06-28 14:07 China must boost the development of a medium and long-term investment and financing market to build a highly efficient financial system, according to Chen Yuan, governor of China Development Bank. Chen said Friday at the 6th China M&A Annual Conference held in Shanghai that a medium and long-term investment and financing market is one pillar of the financial system and an important fund channel for local economic development and large-scaled enterprises. "As a developing country, China's urbanization would last for more than 100 years," said Chen, adding that long-term construction needs huge capital input. Meanwhile, he urged that in building such a market, the government, market and financial agencies should collaborate closely. Financial institutions need to improve their competitiveness by strengthening internal risk control and relying on good services and innovation. Cui Jindu, vice mayor of Tianjin Municipality, said at the conference that China needs to push forward financial innovation in face of global financial uncertainties, adding that if China did not take an active role in the process of financial globalization, more risks would be involved. (For more biz stories, please visit Industries)
|
汉寿县| 瑞丽市| 从化市| 胶州市| 手游| 富民县| 濮阳市| 阜平县| 绥宁县| 彭水| 吉安市| 天峻县| 台安县| 云龙县| 山阴县| 池州市| 万州区| 青铜峡市| 铅山县| 海原县| 石楼县| 平江县| 商南县| 乌拉特中旗| 泊头市| 阳春市| 合阳县| 明光市| 巴塘县| 台南县| 武川县| 濮阳市| 新野县| 台前县| 增城市| 堆龙德庆县| 图片| 阳城县| 屯留县| 吉林省| 泰兴市|