| Although it seems to be not astonished, China Financial Market 2006 will bring an essential transform. China Financial Market will full open from December 11, 2006. At that time, Financial Organizations from home and abroad will compete directly with the same market environment and supervision rules, this kind of open structure will change the situation of China Financial Market.
Meanwhile, Shanghai, as a core of China finance, which will locate the center of this change,
already had become the focus of the finance map. Pudong New District was approved to become the first national comprehensive systematic reform experimental area, Shanghai Headquarters of
the People's Bank of China was founded and performed its functions, Shanghai Financial Ramification
Exchange Ltd was approved to prepare to be founded, all these important acts aim at the advance of
China financial service level after full open, and more important- innovation. The hinterland of Shanghai
- Changjiang Delta, is one of the two richest areas, there are big business companies and fortune
individuals, which are customers' objects chased by financial organizations from home and abroad.These
natural advantages make Pudong New District become experimental area of financial service and innovation.These experiments will drive China financial market to grow with International financial market.
China International Finance Forum Annual Conference (CIFF AC 2006),as high-ranking annual conference for financial supervision organizations, financiers, enterprenuers from home and abroad, will witness calm transform of China Finance, and discuss the harmony with invisible and visible "hand", which make the potential of financial innovation become support power to impel the growth of China's industries.
|