国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

   

Foreign banks plan local incorporation

By Zhang Ran (China Daily)
Updated: 2006-11-17 06:47

Song Dahan (second from left), vice-minister of the State Council Legislative Office, talks to journalists at a press conference yesterday where new rules on foreign-funded banks' operations in China were announced.
Song Dahan (second from left), vice-minister of the State Council Legislative Office, talks to journalists at a press conference yesterday where new rules on foreign-funded banks' operations in China were announced.  [newsphoto]


China's announcement Thursday that foreign banks can soon deal in renminbi retail business has prompted a flurry of international lenders to announce their plans to incorporate in China. [Read full text of the regulation]

The rule, which marks the implementation of one of China's banking commitments to the World Trade Organization (WTO), allows foreign-funded banks to deal in the renminbi retail business across the country after December 11.

Related Readings:
 China to open RMB business to foreign banks 
 Overseas banks to deal in renminbi
  China issues rules on foreign banks
  Citigroup wins battle for China bank
 
IBM in 'bid for China bank'
  Foreign banks share RMB profits
  Foreign banks need to be 'local'
In order to better protect the interests of domestic depositors, the Chinese Government is encouraging foreign banks to incorporate locally when dealing in renminbi retail business.

The release of the rule yesterday was welcomed by foreign banks, with a few immediately announcing they are ready to become among the first to incorporate in China.

According to Xu Feng, the director in charge of overseeing foreign banks for the China Banking Regulatory Commission (CBRC), more than 10 foreign banks are ready to change their branches to local corporations following the issuance of the rules.

Foreign lenders including HSBC, Standard Chartered, Bank of East Asia, and Hang Seng Bank have all expressed their willingness to transfer operating branches into locally registered corporations.

"It is a historic milestone to mark the fifth anniversary of China's entry into the WTO and its commitment to fully open the financial market," said Richard Yorke, China CEO of HSBC.

"We believe that local incorporation will enable us to further expand our network and service range, in particular our renminbi financing ability for the benefit of our customers in the China market," he said.

HSBC, Europe's largest bank, is aimed to become one of the first to incorporate in China based on its experience in other countries.

Katherine Tsang, CEO of Standard Chartered Bank China also announced the bank had submitted its application to China's banking regulator for local incorporation yesterday.

Hang Seng Bank said it planned to invest more than HK$1 billion (US$128 million) to expand its mainland network and service capabilities, including increasing its number of outlets to 30 from 15 by the end of 2007.

"The total assets of those banks who are willing to transfer to local corporations are accounting for 60 per cent of the combined assets of foreign lenders in China," said CBRC's Xu.

According to Wang Zhaoxing, assistant chairman of the CBRC, in order to lower the time and cost of local incorporation, the government will try to guide foreign banks. The procedure will normally take one to three months, Wang said.

Not an immediate threat

Though foreign banks are likely to siphon off renminbi services from local banks, which have grown by an annual average of 2 trillion yuan (US$246 billion) in recent years, experts say they won't pose an immediate threat to domestic banks.

Wang Yu, a 40-year-old lawyer who has years of experience overseas, said he does not plan to deposit most of his earnings into foreign banks.

"Currently the service in domestic banks are almost at the same level with those of foreign banks, and I don't feel there is a need to change my bank," he said.

He did say he would consider buying a few wealth management products from foreign banks once they start dealing in renminbi.

"Foreign banks are more sophisticated in providing wealth management service," Wang said.

A recent AC Nielsen survey said Chinese customers are increasingly interested in foreign bank services, especially young people.

But Yi Xianrong, a researcher from the Chinese Academy of Social Sciences, says Chinese banks already have a strong hold on the market. "Local banks have already built a nationwide network across the country, making it hard for foreign banks to compete," Yi said.

Deng Chun, vice-president of Bank of Communications, said he expects "there will be more co-operation than competition" between foreign and domestic banks.

However, analysts pointed out that foreign banks might encounter conflicts in their business strategies. In recent years, international banks have become strategic investors in Chinese banks. Now, they will be in direct competition with those banks.

HSBC, which holds a 19.9 per cent stake in Bank of Communications (BoCom), helped the Chinese bank establish a credit card centre in October 2004.

Now, as the foreign bank expands its own network in the country, analysts worry HSBC will siphon clients away from the card centre.

"I'm afraid with HSBC's expanding of its own operating branches in China it is not likely to share its clients with BoCom, especially from the high-end clients," said She Minhua, a banking analyst at CITIC China Securities.

Shanghai is 'the first choice'

With yesterday's announcement, Shanghai is expected to get the largest benefit from foreign banks locally incorporating.

Foreign banks currently concentrate their business in the country's eastern areas such as Shanghai, Shenzhen, Beijing and Guangzhou.

Statistics from the CBRC shows the number of foreign bank branches and bank corporations in Shanghai totalled 60. The overall number of foreign banks and non-bank financial institutions have reached 103 in the city.

Shanghai has 30 per cent of all foreign banking institutions, which accounts for 55 per cent of its total business revenue.

Now, Citibank, HSBC, Standard Chartered Bank, Bank of East Asia, and Hang Seng Bank all said they were considering setting up headquarters in the country's largest city.

Some foreign firms have expressed concerns that incorporation in Shanghai may take a long time due to complex legal procedures.

In response, the local government established a special financial office to help foreign banks efficiently incorporate.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
777丰满影院| 深夜国产在线播放| 一二三区高清| 天天噜噜噜噜噜噜| 日日爱66.cn| 欧美性猛交xx乱大交| 最新久久zyz资源站| 成人免费视频视频在线观看免费| 日韩精品成人一区二区在线| 亚洲国产网站| 国产尤物精品| 婷婷丁香综合| 成人亚洲一区二区| 欧美日韩在线精品一区二区三区激情综合 | 国产黄大片在线观看| a天堂中文在线官网在线| 欧美疯狂性受xxxxx喷水图片| 韩国三级午夜理伦三级三| 国产黄大片在线观看画质优化| 欧美1区2区| 亚洲一二三四久久| 69av影院| 草草在线视频| 国产电影一区在线| 亚洲另类av| 欧美一区自拍| 国内精品国产成人国产三级粉色| 国产视频一区二区在线播放| a日韩av网址| 自拍网站在线观看| 涩涩涩视频在线观看| 春色校园综合激情亚洲| 国内在线视频| av小说在线播放| 国产三级伦理在线| 草草影院在线| 日韩电影毛片| 免费观看欧美大片| 丰满少妇一区| 国产一区二区三区黄网站| 蜜桃精品一区二区三区| 色成人综合网| 欧美a视频在线| 精品亚洲a∨| 日韩综合一区二区三区| 大奶在线精品| 成人黄色av网址| 欧美亚洲色图校园春色| 天堂在线精品| 成人一区二区| 永久91嫩草亚洲精品人人| 亚洲爱爱视频| www.av亚洲| 欧美白人最猛性xxxxx| 精品网站在线| 亚洲色图欧洲色图婷婷| 国产欧美日本亚洲精品一4区| 精品久久在线| 亚洲精品一二三区| 日韩有吗在线观看| 久久久久九九精品影院| 国产精品1luya在线播放| 亚州精品天堂中文字幕| 日韩精品专区在线影院观看| 亚洲精品久久久久久久久久久久久| 日韩高清人体午夜| 中国人与牲禽动交精品| 久久最新资源网| 久久午夜a级毛片| 国内精品久久久久影院 日本资源| 亚洲图区综合网| 国产在亚洲线视频观看| www.操操| 日本二区视频| 毛片免费在线观看| 91freevideo| 奇米影视第四色7777| 国产女优裸体网站| 青青久草在线| 菠萝蜜视频国产在线播放| 亚洲少妇视频| av一级久久| 亚洲最好看的视频| 欧美影视一区| 六月丁香综合在线视频| 国产ts人妖一区二区| 91在线看国产| 亚洲免费观看高清完整版在线观看熊 | 色在线免费视频| 视频一区视频二区中文字幕| 欧美精品video| av一区二区久久| 狠狠久久亚洲欧美| 久久久精品欧美丰满| 亚洲男女毛片无遮挡| 色噜噜狠狠色综合欧洲selulu| 欧美一个色资源| 在线一区二区日韩| 亚洲成年人电影| 三级特黄视频| 老司机色在线视频| а√中文在线8| 午夜精品久久久久久久久久蜜桃| 91久久精品无嫩草影院| 91麻豆精品国产91久久久平台| 一本久久知道综合久久| 国产黑丝在线一区二区三区| 欧美国产日韩亚洲一区| 欧美日韩一区免费| 精品国产91乱码一区二区三区 | 国产福利一区二区精品秒拍| 国产精品自产拍在线网站| 欧美精品videosex极品1| 久草久草久草| 又黄又湿又爽又免费又色| www.嫩草免费在线观看| 高清国产福利在线观看| 欧美自拍电影| 日韩高清影视在线观看| 亚洲黄色一区| www.av亚洲| 精品国产乱码久久久久久婷婷| 欧美成人性福生活免费看| 欧美巨大黑人极品精男| 免费观看91视频大全| 亚洲电影小说图| 美女网站在线看| 天天躁日日躁狠狠躁欧美巨大小说| 日韩视频在线一区二区三区 | 久久久久亚洲| 国产在线不卡视频| 一区二区三区在线影院| 精品国产一二三区| 97精品在线观看| 成年黄网站在线观看免费| 成人在线观看黄色| 日韩福利在线观看| 你懂的视频一区二区| 成人综合在线视频| 精品久久久久久国产| 亚洲欧美激情在线视频| 992tv成人免费视频| 综合av色偷偷网| 日韩亚洲一区中文字幕| 能在线观看av网站| 97在线超碰| 婷婷精品在线观看| 日韩精品福利网| 亚洲视频小说图片| 久久大胆人体视频| 亚洲综合小说图片| 免费在线看成人av| 亚洲日本一区二区| 欧美二区三区的天堂| 中文字幕精品国产| 国产短剧电视剧免费观看| 色视频在线观看| 亚洲a∨精品一区二区三区导航| 日韩欧美电影| 国产成人精品影院| 亚洲观看高清完整版在线观看| 亚洲国产精品久久久久久| 中文字幕亚洲日本岛国片| 最新av在线| 国产一区二区主播在线| 国产精品多人| 亚洲国产精品高清| 日韩一级二级三级| 中文字幕人成高清视频| 在线观看免费毛片| 日韩av黄色| 国产日韩专区| 亚洲日本在线看| 亚洲美女在线看| 久久91av| 污网站在线免费看| 国产精品午夜一区二区三区| 国产精品一区二区你懂的| 欧美午夜视频在线观看| 久久在线精品视频| 看成年女人免费午夜视频| free性欧美hd另类精品| 免费国产自久久久久三四区久久| 色尼玛亚洲综合影院| 欧亚在线中文字幕免费| 91成人观看| 久久久精品天堂| 91精品国产综合久久精品图片| 97在线看福利| 亚洲日本va中文字幕久久| 国产一区二区三区免费在线| 日本在线不卡视频| 姬川优奈aav一区二区| 久久99精品国产99久久6尤物| www.天天操.com| 伊人久久国产| 中国女人久久久| 亚洲精品视频在线观看免费| 中文字幕在线看视频国产欧美| 福利av在线| 超碰在线99| 亚洲一本视频| 亚洲影视在线观看| 久久夜色精品国产亚洲aⅴ| 亚洲an天堂an在线观看| 久久uomeier| 亚洲一区黄色| 午夜精品久久久久| 欧美精品性视频| 国产色a在线观看| 色综合一本到久久亚洲91| 宅男噜噜噜66国产日韩在线观看| 亚洲成人精品一区二区| 在线观看欧美www| 成年人视频在线网站| 蜜桃视频m3u8在线观看| 亚洲成人直播| 婷婷国产在线综合| 久久99青青精品免费观看| 四虎永久在线| 欧美区一区二区| 国产一区二区三区四区五区美女| 欧美日韩高清影院| 国内精品久久久久久久久蜜桃| sm国产在线调教视频| 国产精品88久久久久久| 一区在线观看免费| 久久久精品电影| 一级在线观看| 国产精品免费大片| 国产欧美日产一区| 亚洲成年人在线| h视频在线观看免费完整版| 99精品国自产在线| 蜜乳av另类精品一区二区| 精品久久中文字幕| 免费永久视频| 牛牛电影国产一区二区| 一本久道综合久久精品| 色乱码一区二区三区88| 欧美午夜春性猛交xxxx| eeuss影院在线观看| 欧美国产偷国产精品三区| 最新不卡av在线| 色综合久综合久久综合久鬼88 | 欧美一区二区在线看| 国产精品视频第一区二区三区| 51精品在线| 久久婷婷麻豆| 欧美一区二区三区电影| www.天堂在线观看| 伊人亚洲精品| 99久久99精品久久久久久| 国产一区二区久久精品| 亚洲精华国产精华| 激情婷婷综合| 国产日产亚洲精品系列| 久久在线免费观看视频| 91精品国产手机| 深夜福利国产精品| 毛片在线免费| 色琪琪久久se色| 亚洲日本在线看| 欧美一级在线播放| 波多野结衣中文字幕久久| 午夜精品久久久久久久四虎美女版| 亚洲一区二区在线免费看| 四虎在线免费视频| 日本乱理伦在线| 亚洲欧洲日本mm| 欧美日韩美少妇| 黄色毛片免费| 国产精品成人自拍| 中文字幕亚洲欧美在线不卡| 欧美国产日本在线| av片在线观看免费| 久久综合九色综合欧美狠狠| 日韩亚洲欧美综合| 青青操视频在线观看| 在线精品视频一区| 中文字幕乱码亚洲精品一区| 欧美激情精品久久久久久大尺度| 视频一区二区三区在线看免费看 | 中文字幕在线看片| 国产传媒日韩欧美成人| 国产亚洲欧洲高清| 导航福利在线| 自拍日韩欧美| 欧美性猛交一区二区三区精品| 美女被人操网站| 成人三级毛片| 亚洲免费电影在线| 国产原创在线视频| 99久久久国产| 中日韩av电影| 亚洲区精品久久一区二区三区| 亚洲综合在线电影| 国产中文字幕在线视频| 亚洲国产专区| 欧美精品一区二区三区在线| 国产美女视频黄a视频免费| 精品国产一区二区三区噜噜噜 | 乱一区二区av| 俺去了亚洲欧美日韩| 国产写真视频在线观看| 奇米精品一区二区三区四区| 综合网中文字幕| 成人日日夜夜| 激情图片小说一区| 欧美成人一区在线| 欧美少妇网站| 国产精品影视天天线| 欧美夫妻性生活xx| 中日韩脚交footjobhd| 久久久久青草大香线综合精品| 57pao成人国产永久免费| 我爱我色成人网| 国产精品美女一区二区三区| 性欧美黑人xxxx| 国产精品久久久久久久久久辛辛| 一区二区三区免费看视频| xxx国产hd| 日韩mv欧美mv国产网站| 日本久久电影网| 国产91大片| 香蕉av一区二区| 亚洲成人亚洲激情| 国内在线精品| 激情五月播播久久久精品| 美女啪啪无遮挡免费久久网站| 国产网站在线| 国产精品伦一区二区三级视频| 九色蝌蚪国产| 涩爱av色老久久精品偷偷鲁| 无吗不卡中文字幕| www.99色| 好看的亚洲午夜视频在线| 亚洲精品成人av| 嫩草在线视频| 99精品在线免费| 色偷偷成人一区二区三区91| 中文字幕在线视频日韩| www.综合网.com| 91麻豆国产福利精品| 国产福利三区| 国产欧美日韩精品一区二区免费 | 欧美在线电影| 欧美高清视频在线高清观看mv色露露十八 | 免费国产h视频在线观看86| 老司机在线精品视频| 精品久久在线播放| 裸体免费网站| 免播放器亚洲| 欧美理论电影在线观看| 电影一区电影二区| 一区二区三区丝袜| 成年人羞羞的网站| 亚洲免费成人| 不卡av电影院| 国产伊人久久| 香蕉成人啪国产精品视频综合网| 国产不卡视频| 日韩在线一二三区| 久久91亚洲精品中文字幕奶水| 午夜激情成人网| 一区二区国产盗摄色噜噜| 污版网站在线观看| 天堂久久久久va久久久久| 久久精品人人做人人爽| 九七影院97影院理论片久久| 亚洲v中文字幕| 中文字幕福利片| 精品一二三四区| 97在线视频精品| 日韩美女国产精品| 欧美久久高跟鞋激| 香蕉视频免费在线播放| 91美女在线视频| 午夜色在线观看| 激情欧美亚洲| 久久久国产精品x99av | 韩日中文字幕第一页| 精品久久ai| 日韩精品影音先锋| 成人在线观看免费网站| 国产精品久久久久影院亚瑟| blackedav金发美女大战黑人| 91亚洲一区| 在线视频欧美性高潮| 懂色aⅴ精品一区二区三区| 色屁屁一区二区| 91免费在线| 国产精品久久久久影视| 黄色漫画在线免费观看| 性色一区二区| 亚洲视频色图| 成人激情在线| 欧美美女视频| 日韩欧美一区二区免费| 77thz桃花论族在线观看|