There are several problems in the rural financial system in China,such as the difficulty in loaning,the outflow of agricultural funds,the coexistence of formal and informal financial institution,the lack of commercial finance and competition mechanism,of which is government respecting rather than market orientation.
With the further reform on financial system and the further consummation of market economy rules, the competition among financial institutions becomes more and more fierce and the risk of finance increases accordingly.
According to the Decision on the Reform of Finance System issued by China State Council, China Export & Import Bank and China Agriculture Bank are independent corporations, but China Development Bank is not clarified whether it is an independent corporation or not.
With the complete advance of the housing system and finance system reform, developing the housing finance has become the key problem of starting the housing consume.
The recent revolution of the Chinese banking system begins with the People’s Bank of China passing financial business operations to the four major state-run banks and taking on a supervisory role for the financial industry including the issuance of currency.
Along with the development of economy and the reform of financial system, there has been the possibility of bankruptcy in China, which will endanger the safety of the banking system and the entire financial system.
The financial system of China takes shape tentatively, the banking system is perfected and developed constantly, and the financial legislation makes quite great achievements. The issue of a series of laws, regulations and policies enable the supervisory authorities to supervise and manage the finance industry in accordance with the law, guarantee the healthy and steady development of China's finance industry, and maintain the stability of social order.
This is a great action of perfecting the specialized regulatory system of finance industry in our country, and a very important step that the reform in banking system of our country is taken.
With the advancement of monetary system reformand the comprehensive opening of financial field in our country, the insolvencypossibility of some poor operation banks has become increasing.
After 1980s, the minute operational monetary system limited competition already is the deficient system, weakening competition between the different types financial organs at the same time , also causing each financial organ to lose to put forward the financial innovation to strive for the survival, to participate in the whole world money market competition.
However, because of certain loopholes in the monetary system and the legal standard, some disadvantages appeared in the process of the actual operation, and it was once called to stop.
Since the 20th century 70's, the global monetary system has had the transformation unceasingly, the financial liberalization tide rolls up like a mat but.
The main performance develops successively for the developing nation suppresses the monetary system reform from the finance which deepens to the finance, as well as the developed country implements one after another take relaxes the financial control as the performance financial supervising and managing organizational reform.
The new financial system based on diagnosis-related groups will be in favor of private investors compared to the governement-dependent university hospitals.
In 2000, Ecuador adopted the dollar as its official currency and gave up the sucre in a desperate move to halt inflation and help a distressed financial system.
The Internet-banking system is semi-formally described using Unified Modeling Language (UML) to specify the behavior and state of the system on the base of analyzing the existing qualitative risk assessment methods.
A case study was performed on the WEB server of the Internet-banking System using fuzzy-set based assessment algorithm to quantitatively compute the security risk severity.
The legal systems concerning money and bank in Macao, Hong Kong and the Mainland are quite different from each other. From the comparative analysis of the laws concerning currency issuing, bank system and bank supervision, the writer pointed out that the money and bank systems established in market economy in Macao and Hong Kong are comparatively better and can be used by us in our national financial system reformation.
At present, punishment against Rubber Check issuers according to payment clearing methods is in conflict with the procedures according to administration punishing methods. According to administration punishing methods, the People's Bank of China is disabled to execute a punishment, but according to payment clearing methods, the punishment will violate the basic rights of human. This reflects the phenomena that China's financial law and regulations lag behind the financial reforms. To settle the contradictio...
One of the objectives Chinas financial system reform to achieve is to better the outside legal environment and credit legal relations.In this essay,the author explores some of the issues concerning the existing credit legal enviroment and presents his opinions.