摘要
Great changes will take place in China＇s financial supervisory framework, said Wang Jian, chief banking analyst with Orient Securities Co. Ltd., in an article for the financial information provider Wallstreetcn.com. ＂The current segmented financial supervisory system is not geared to the new conditions in the financial industry, with many blind spots in supervision,＂ he said. The Central Committee of the Communist Party of China vowed to strensthen the coordi- nation of financial supervision alon8 with other measures meant to improve the resulatory system. These include reforming the financial supervisory framework to suit modem financial market development improving the oversight rules to keep in line with China＇s real-time eco- nomic situation and international standards, and to realize the full coverage of financial risks. These measures came from the Proposal Formulatin8 the 13th Five-Year Plan （2016-20） on National Economic and Social Development unveiled early November.
China to revamp segmented financial supervisory systems Great changes will take place in China’s financial supervisory framework,said Wang Jian,chief banking analyst with Orient Securities Co.Ltd.,in an article for the financial information provider Wallstreetcn.com."The current segmented financial supervisory system is not geared to the new conditions in the financial industry,with many blind spots
