www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

chinadaily.com.cn
left corner left corner
China Daily Website

Bank doors open to private funds

Updated: 2012-05-28 09:49
By Wang Xiaotian ( China Daily)

China announced on Saturday it would grant private capital the same entry standards to the banking industry as other capital, in an effort to shore up an economy that is continuing slowing down and to lend more to small businesses that are thirsty for funds.

Private companies can buy into banks through private stock placements, new share subscriptions, equity transfers, mergers and acquisitions, according to a guideline released by the China Banking Regulatory Commission on its official website.

And private investment is also welcomed in trust, financial leasing and auto-financing companies, it said.

The guideline also lowered the minimum shareholding of the main initiator for rural banks, which are usually major State-owned commercial lenders, from 20 percent to 15 percent, to stimulate private investors’ willingness to lend to rural residents and small enterprises.

"The banking regulatory branches at different levels cannot set up separate restrictions or additional conditions for private capital to enter banking sector. And they are obliged to improve transparency of the banking market access constantly," the CBRC said.

"I'm very pleased to see the authorities encouraging and guiding the private capital to invest in the banking sector. The threshold of the financial industry certainly should be higher due to risk concern, but there should be clear and transparent access standards that could be applied to all kinds of investors," said Guo Tianyong, director of the Research Center of the Chinese Banking Industry at Central University of Finance and Economics.

"Otherwise, private capital would always be blocked or bounced back by an unseen 'glass door'," he said.

To boost lending to the private sector, China should allow private capital to play a bigger role in financial institutions, and encourage private lending companies with good operating conditions to transfer into commercial banks which could also take in deposits, said Wu Xiaoling. Wu is a former deputy central bank governor and now vice-chairman of the National People's Congress Financial and Economic Affairs Committee.

"The government has encouraged small lending companies to turn into rural banks," she said. "But with a minimum shareholding requirement of the main initiator, private investors lack enthusiasm for such things."

The government has been opening some State-controlled and monopolized sectors to private investment to shore up an economy that is losing steam amid rising global uncertainties.

China’s securities regulator announced on Friday it will modify rules to help private companies to raise capital through sales of bonds and public shares, and encourage them to list overseas. And private investment would be encouraged in securities and futures brokerages, it said.

The State Council on Wednesday pledged more attention to "stabilizing economic growth" amid fears that the national economy may slow further.

Bao Yujun, president of All-China Private Enterprise Federation, said uncertainty over external demand and slower economic growth made it necessary for the government to rely more on private sector.

"The official target of a 16 percent increase this year in fixed asset investment indicates total investment of 36 trillion yuan, but the central government could only channel about 402 billion yuan, which means more room is available for private investment," he said.

China recently allowed private capital to enter the railway market, which was dominated by State-controlled sectors, and the National Development and Reform Commission said last week that it is drafting rules to open up electricity, oil and natural gas sectors for the private investors.

Private investors can also take part in the restructuring of SOEs through cash investment, share stake acquisition, subscription to SOE’s convertible bonds, and finance leases, according to a guideline released by the State-owned Assets Supervision and Administration Commission on Friday, without giving details.

It added that private investors can band together or establish private equity funds with SOEs to invest in strategic emerging industries or make overseas investment.

But analysts and private companies questioned how much private enterprises would be able to benefit even if more specific rules are issued.

Guo Gengmao, the governor of Henan province, said earlier that local governments are reluctant to welcome private players to some public areas, because local officials would be blamed if some private companies sacrifice the public interest to make more profit.

"The key to lowering the threshold for private capital lies in administration in accordance with law," said Wei Yingning, former vice-chairman of China Insurance Regulatory Commission.

"For example, if a government branch prevented a private company from entering a certain area and the branch’s decision was not supported by law, would there be an efficient way for the company to sue successfully?"

Contact the writer at wangxiaotian@chinadaily.com.cn.

 
8.03K
 
...
...
...
主站蜘蛛池模板: 亚洲资源在线播放 | 操欧美女 | 久久99国产精品久久99无号码 | 伊人久久大香线焦综合四虎 | 欧美人成片免费看视频不卡 | 欧美亚洲国产精品久久高清 | 国产精品久久久久久久9999 | 欧美巨乳在线观看 | 99久女女精品视频在线观看 | 日韩毛片免费在线观看 | 狠狠色狠狠色狠狠五月ady | 性夜黄a爽爽免费视频国产 性夜影院爽黄a爽免费看网站 | 一 级做人爱全视频在线看 一本不卡 | 在线精品免费视频 | 欧美亚洲日本 | 日韩色在线 | 美女被爆免费视频软件 | 国产网站免费在线观看 | 免费视频男女 | 日韩一区二区中文字幕 | 国产精品亚洲片在线观看不卡 | 国产精品午夜性视频网站 | 欧美在线看欧美高清视频免费 | 亚洲精彩| 国产在线精品一区免费香蕉 | 欧美曰韩一区二区三区 | 女人让男人桶的小视频 | 国产欧美亚洲精品a | 国产乱弄视频在线观看 | 91伊人影院 | 92看片淫黄大片看国产片 | 欧美成人性做爰网站免费 | 午夜福利国产一级毛片 | 国内外成人免费视频 | 无码孕妇孕交在线观看 | 美日韩黄色片 | 免费观看毛片视频 | 美女一级毛片视频 | 欧美日韩一区二区在线观看视频 | 九九精彩视频在线观看视频 | 毛片网站观看 |