Research Of Financial Mixed Operation Model Of China

The introduction talks about significance and purpose of this thesis,raises theexpectations to reach the purpose of writing this thesis.Subprime mortgage crisiswhich outbreak in the United States in2008triggered a global financial crisis.One ofthe reasons that triggered this crisis was the world’s financial regulatory authorities torelax the supervision of the domestic financial industry,also there were some defectsin the regulatory system.Therefore,after the crisis,developed countries represented bythe United States more or less strengthen the regulatory of the country’s financialsector, carried out some reforms in the regulatory system too.Internationally,the mixedoperation of the financial industry is a trend,in recent years,there have been financialfirms adopt mixed operation which take the financial holding company in ourcountry.The trend of the international financial mixed operation in the context of theglobal financial crisis,how to choose the mixed operation mode of financial inChina,how to change our regulatory system,in order to take precautions to guardagainst the financial industry mixed operation which possible case the great risk is thetwo points of focus in this thesis.The first chapter introduces two concepts about separate operation and mixedoperation,analysis their own characteristics and comparative advantages.Bycomparison,we can find that financial globalization will force the operating system of China’s financial industry to implement mandatory changes-separate operation tomixed operations;The first section of the second chapter of thesis briefly describes the operatingsystem changes the overall trend of the global financial industry;respectively,thesecond and the third section,in the developed countries the United States andGermany as an example,describes the change and the status of the operating system ofits financial sector,focusing on each mixed operation model play the role of acountry’s financial sector and the whole national economy;The first section of the third chapter briefly describes the management system ofChina’s financial industry’s;Discusses in detail in section two of the German"universal bank" model and the U.S."financial holding company" model to analyzethe advantages and disadvantages of the two modes,focus on which model China’sfinancial mixed operation should be the chosen;The end of this chapter details thebackground of the thesis-China Ping An acquisition of Shenzhen DevelopmentBank,China Ping An is an successful story of China’s development of the financialholding company model, the acquisition of Shenzhen Development has a far-reachingand significant impact.The fourth chapter can be seen as the second part of the of the thesis,mainlyexpound the changes of China’s financial regulatory system in the mode of financialholding companies.We know that financial regulation is accompanied by thedevelopment of the financial industry,the emergence of what kind of business modelshould have what kind of regulatory approach, in a word: if it is no financialindustry,there will not financial regulation existnecessary.In order to ensure theintegrity of the thesis, after the analysis of our country should take a financial holdingcompany model,Chapter four analyzes the changes of the regulatory system inChina.The first section of this chapter briefly review the changes of China’s financialregulatory system,as well as the problems which exist in regulatory mechanisms in themode of the financial holding companies;The second section describes the umbrellaregulatory approach in the United States and the U.S. financial regulatory reform aftersubprime mortgage crisis;The third section focuses on specific measures which China’s financial supervision should be taken.This thesis argues that the financial mixed operation is the trend of economicglobalization and financial liberalization,China’s financial sector in a separateoperating system can not communicate with other countries which take the mixedsystems,we must take the mixed systems concrete should learn from the U.S. financialholding company model;Financial regulation,we have to take appropriate reformmeasures to cope with the enormous risks in the financial holding company model.