link:/s/ 1 rypqtrledp 8 zw-BZ 19 seka
Excerpt code: un8p Title: The second half of China's financial opening.
Douban score: 6.2
Author:? Where's Huang? /? Zhang Yuyan? /? Zhu Min
Publisher:? citic
Year of publication:? 20 18-3
Page:? 404
brief Introduction of the content
The second half of China's financial opening is the research result of Jingshan Report Project 20 17 sponsored by China Financial Forty Forum, which consists of a comprehensive report and seven sub-reports. This book focuses on the reform of RMB exchange rate formation mechanism, cross-border capital flow and financial support for the Belt and Road construction, analyzes the development course, current situation and problems of financial opening policy in the past 40 years, and puts forward policy suggestions on "actively and steadily promoting China's financial opening". The main recommendations include:
The State Council Financial Stability and Development Committee should co-ordinate the policy of financial reform and opening up, and "promoting reform through opening up" should be coordinated with "promoting opening up through reform"; Actively increase exchange rate flexibility and let market factors determine the exchange rate level; Establish a macro-and micro-level cross-border capital flow management framework to steadily accelerate the internationalization of RMB; Implement pre-entry national treatment, relax the shareholding ratio of foreign-funded institutions, and truly promote the opening up of financial institutions; Respect the rules and practices of the international market and open the financial market at a higher level; Take advantage of the opportunity of the transformation and upgrading of domestic industrial structure and the "Belt and Road Initiative" to actively build a framework for foreign investment and financing; Improve the macro-prudential supervision framework that matches the open financial system, and effectively prevent and resolve financial risks.
About the author?
1. Huang, vice president of Peking University National Development Research Institute, whose main research fields are macroeconomics and international finance.
2. Zhang Yuyan, director and researcher of Institute of World Economics and Politics, Chinese Academy of Social Sciences, has been engaged in institutional economics and international political economics for a long time.
3. Zhu Min, academic advisor of China Financial Forty Forum, former vice president of the International Monetary Fund, former vice president of the People's Bank of China and president of Tsinghua University National Finance Research Institute.
4. Zhu Juan, invited member of China Financial Forty Forum, director of the International Department of the People's Bank of China, was an economist of the Bank for International Settlements.
5. Zhang Bin, a senior researcher at China Financial Forty Forum and winner of Pushan Excellent Paper Award, mainly studies China and global macro-economy, focusing on China's economic restructuring, RMB exchange rate and other issues.
6. Guan Tao, a senior researcher at the Financial Forty Forum in China, chairman of the Financial Forty Education Development Foundation and former director of the Balance of Payments Department of the State Administration of Foreign Exchange, has been engaged in research on currency convertibility, balance of payments, exchange rate policy and international capital flows for a long time.
7. Member of China Financial Forty Forum, Director of Research Bureau of China People's Bank, winner of Sun's Financial Innovation Paper Award, engaged in policy making, financial reform and financial research for a long time.
Alastair? l？ Alastair L.Day has worked in the financial industry for more than 25 years, specializing in finance and financial marketing. He used to be a director of a leasing company, focusing on the IT and technology industries. Alastair's books on finance include a series of books curated by the Financial Times and published by prentiss Hall, such as Mastering Financial Modeling (the first edition 1), Ist Edition, Mastering Risk Modeling, Mastering Financial Mathematics in Excel, and Purchasing and Leasing Guide for CFO, etc. Alastair holds a bachelor's degree in economics and German from the University of London, and an MBA from the Open University Business School, where he is also an associate professor of corporate finance.
Is there a financial accelerator effect in the short-term financing bill market? -Research on Credit Spread Asymmetry (20 1 1 May) hired by Financial Review, published on 201/August/.