China has announced that foreign capital can fully control China's banks and insurance companies. With the deepening of globalization, the domestic banking and insurance industry has sought unprecedented opportunities and challenges
author:Daqin Business Road
China has announced that foreign capital can fully control China's banks and insurance companies.
With the deepening of globalization, the domestic banking and insurance industry has sought unprecedented opportunities and challenges. On the 25th, the State Administration of Financial Supervision and Administration said that foreign capital can hold 100% of the shares of banks and insurance companies in order to cancel the restriction on the proportion of shares in banking and insurance institutions.
This major policy adjustment will certainly have a far-reaching impact on relevant domestic industries.
The rice bowl should be served in the hands of the Chinese themselves. Can finance and insurance be handed over?
Do you think that China's financial industry should be touched by Western capital? Welcome to leave a message in the comment area to discuss.
On the occasion of the 10th anniversary of the inclusion of inclusive finance in the national development strategy, the State Council's "Implementation Opinions on Promoting the High-quality Development of Inclusive Finance" was issued in October 2023, setting the stage for the next five years.
How to do a good job in the financial industry has a clearer context of how to do a good job in the "five major articles". Recently, the State Administration of Financial Supervision and Administration issued the "Five Major Articles on the Banking and Insurance Industry" to do a good job in finance...