CHINAUS AFRICAASIA 中文双语Français
Business\Markets

China eyes world-class investment banks: top securities regulator

Xinhua | Updated: 2017-06-19 09:23

BEIJING - Rapid development of the capital market is creating opportunities for China to establish world-class investment banks with Chinese characteristics and cultural elements, according to the country's top securities regulator.

Official data shows that the country's securities industry had been steadily progressing with capital and total assets more than doubling in the past five years.

"The figures indicate the industry has played a more important role in raising capital, optimizing resource allocation and serving the real economy and investors," said Liu Shiyu, head of the China Securities Regulatory Commission, at a securities conference this weekend.

Liu noted the securities industry should focus on its main business, actively participate in the implementation of the Belt and Road Initiative, highlight innovation and guard against risks in the pursuit of world-class investment banks.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US