Chen Yulu, deputy governor of the People's Bank of China, said that it will continue to improve monetary policy regulation and macro -prudential policy framework, enrich policy toolboxes, build systemic financial risk monitoring, assessment and early warning systems, optimize the macro cautious and micro -micro -micro -prudential market of the foreign exchange market,Regulating the two -in -one framework, accelerate the shortcomings of fintech supervision, and incorporate all financial institutions, financial business and financial products into the prudent regulatory framework.
According to the Daily Economic News Network report, Chen Yulu said at the 2021 China International Financial Annual Forum today that the national treatment before foreign investment access+negative list management system was basically established.The restrictions on the proportion of foreign investment in the field of personal insurance have been completely canceled, and the scope of business has been greatly relaxed.Foreign exhibitions in the fields of corporate credit reporting, credit rating, and payment liquidation enjoy national treatment.
He also said that the opening of the two parties in the capital market has continued to expand, and the basic supporting systems such as accounting, taxation, and transactions are gradually connecting with international standards.At the same time, foreign financial institutions are actively entering the Chinese market, showing a situation of flowing flowers.
Chen Yulu believes that under the new situation, the high -quality development of China's economy needs to implement a new situation of high -level opening up to the outside world and open up and win -win cooperation and win -win cooperation. It has undoubtedly put forward higher requirements for the opening of the financial industry."We will continue to adhere to the principle of marketization and rule of law, continue to deepen the opening of the financial industry, do a good job in the implementation of the financial industry's open commitment, speed up and improve all institutional arrangements, and promote systemic institutional opening up." This includes the improvement of national treatment+negative list management system before admission, and give full play to the positive role of the negative list model on high level openness; optimize regulatory policies and create a good business environment.At present, the opening of Chinese financial institutions and market access is almost completed, but it is also necessary to realize that some regulatory policies still have room for optimization.Improve relevant policy arrangements can create a better environment for the foreign -funded exhibition industry; as well as continuously improving economic and financial management capabilities and risk prevention and control levels under open conditions.
Chen Yulu also revealed that since 2018, China has approved a total of more than 100 foreign insurance institutions in China to set up more than 100 foreign insurance industries, 10 foreign -funded securities fund management futures companies, and six foreign -funded enterprises' credit rating and payment clearing institutionsEssenceIn the first half of this year, overseas investors increased their holdings, including stocks, bonds, and deposit loans, a total of 1.27 trillion yuan (RMB and S $ 2.26 trillion), which showed the huge attractiveness of the Chinese financial market.
