Beijing Review

ev Economic Restructur­ing Needs More Private Banks

- , x 1I 1I hb ( u1N( u ( Em( 74N 2) hb h7N1mj( A71NN( b CD cx hbk J 1bk hbu 4HCj1I x ( u 1b m2b2O 1m eb)27O hN12b h1jD 24D( u1N( u CD 7Dhb n 1mx h( j PhjUhb 2O O ( bNI N2 Tx 2HE1h2Dhb C87( U1( A m2O

( A 471UhN( ChbBI h7( C( 1bk ( I NhC j1I x ( u hmm27u1bk N2 gx hbk Hj1b x h17O hb 2) Nx ( x 1bh hbB1bk p( kHjhN27D 2O O 1I I 12b p g4( hB1bk hN hb hbbHhj m2b)( 7( bm( 2) m1ND m2OO( 7m1hj ChbBI x ( ju 1b t hbmxhbk s1hbkE1 J 72U1bm( 2b g( 4N( OC( 7 gxhbk I h1u NxhN Nx1I D( h7 Nx ( p xhI m2O4j( N( u )( hI 1C1j1ND INHu1( I 2) 472I 4( mN1U( ChbBI Y Nx7( ( xhU( C( ( b h4 472U( u I 2 )h7

X b X mN2C( 7 , x( t hN12bhj ( U( j24O ( bN hbu p( ) 27O 2O O 1I I 12b 1I I H( u h 42j1mD u2mHO ( bN 7( - H171bk hb hmm( j( 7hN( u h4472Uhj 472m( uH7( I )27 Nx ( ( I NhCj1I xO( bN 2) b( A 471UhN( ChbBI

H( N2 Uh712HI 7( IN71mN12bI 1b Nx ( )1bhb m1hj I ( mN27 471UhN( ChbBI 1b x1bh xhU( C( ( b IOhjj 1b I 1T( hbu A( hB 1b 71I B Ohbhk( O( bN eb 7( m( bN D( h7I Nx ( D xhU( hjI 2 ) hm( u mxhj j( bk( I I Hmx hI Nx ( m2HbN7DKI ( m2b2O 1m k72ANx I j2Au2Ab 1bN( 7( IN 7hN( j1C( 7hj1ThN12b and a growing trend of financial disinterme u1hN12b 27NHbhN( jD Nx ( k2U( 7bO ( bN x hI C( ( b IH4427N1bk Nx ( u( U( j24O( bN 2) Nx2I ( ChbBI hI 4h7N 2) 1NI ( ))27NI N2 24( b H4 2) Nx ( 2U( 7hjj ( m2b2OD

, 22 ( bxhbm( Nx1I 472m( I I b( A 471UhN( ChbBI u( U2N( u N2 1bmjHI 1U( ) 1bhbm( O HI N be approved to make up for deficienci­es in N7hu1N12bh­j ChbB1bk gO hjj hbu O 1m72 I 1T( u ( bN( 7471I ( I xhU( hjAhDI C( ( b hb 1O427NhbN 4h7N 2) Nx ( bhN12bhj ( m2b2O D hbu 4jhD h m71N1mhj 72j( 1b C22I N1bk ( m2b2O 1m k72ANx r 2A( U( 7 N7hu1N12bh­j ) 1bhbm1hj 1bI N1NHN12bI 47( )( 7 N2 k7hbN m7( u1N N2 INhN( 2Ab( u ( bN( 7 prises, local government financing platforms 27 jh7k( 471UhN( ( bN( 7471I ( I

, x ( 7( ) 27( Nx ( k2U( 7bO ( bN O HI N b2N 7( jD I 2j( jD 2b N7hu1N12bh­j ChbB1bk N2 I ( 7U( small and micro-sized enterprise­s’ financing b( ( uI J 71UhN( ChbBI mxh7hmN( 71T( hb hmm( I I 1Cj( I 2jHN12b N2 Nx ( ( m2b2O DKI u( O hbuI CD 472U1u1bk I ( 7U1m( I N2 27u1bh7D 4( 24j( hbu IOhjj m2O4hb1( I

n 2IN 471UhN( ChbBI 2))( 7 j2hbI hN hb hb bHhj 1bN( 7( IN 7hN( 2) 4( 7m( bN 2O4h7( u N2 471UhN( j( bu1bk Ax2I ( hbbHhj 1bN( 7( IN 7hN( mhb 7( hmx 4( 7m( bN j2hbI ) 72O 471UhN( ChbBI mhb C( ( E4( mN( u 7( uHm( ) 1bhbm1bk m2INI hbu C22IN Nx ( u( U( j24O( bN 2) IOhjj m2O 4hb1( I , x 1I A1jj C( m2buHm1U( N2 Nx ( INhCj( k72ANx 2) Nx ( 2U( 7hjj ( m2b2OD jI 2 471UhN( ChbBI h7( j1B( jD N2 k7hbN m7( u1N O27( 7h41ujD m2O4h7( u N2 Nx ( 17 N7hu1N12bh­j m2Hb N( 74h7NI

H7Nx ( 7O27( Nx ( I ( ChbBI K u( U( j24O( bN A1jj ) hm1j1NhN( ( m2b2O 1m 7( I N7HmNH71bk 27 - H1N( h j2bk N1O( x1bh xhI Oh1bjD 7( j1( u 2b ( E427NI hbu 1bU( I NO ( bN 1b 7( hj ( I NhN( hbu 1b) 7hI N7HmNH7( N2 C22I N ( m2b2O 1m k72ANx r 2A( U( 7 I Hmx h O 2u( j x hI 1bm7( hI 1bkjD C( m2O( j( I I ( ))( mN1U( hbu 1b Nx ( )HNH7( Nx ( m2HbN7D OHIN I x1)N N2Ah7u hb ( m2b2OD u71U ( b CD 471UhN( 1bU( INO( bN hbu m2bIHO4N12­b r hU1bk O27( 471UhN( ChbBI A1jj x ( j4 472O2N( 471UhN( m2bI HO( 7 ) 1bhbm( hbu 1bU( I NO( bN Ax1mx mhb xhU( h 42I 1N1U( 1O4hmN 2b x1bhKI ( m2b2O1m 7( IN7HmNH71b­k

J 71UhN( ChbB1bk OhD hjI 2 C71bk hC2HN h mx hbk( 1b N7hu1N12bh­j ) 1bhbm1hj 1bI N1NHN12bI 2bm( Nx ( jhNN( 7 b2N1m( I 1bmjHI 1U( ) 1bhbm( KI 42N( bN1hj hbu OhD ( U( bNHhjjD C( m2O( O27( 1bU2jU( u 1b ( m2b2O1m 7( IN7HmNH71b­k ( ))27NI eb Nx ( O( hbN1O( A1Nx Nx ( 1bN72uHmN1­2b 2) Nx1I b( A I 2H7m( 2) m2O4( N1N12b N7hu1N12bh­j ChbBI A1jj 4hD O27( hNN( bN12b N2 1O472U1bk Nx ( 17 I ( 7U1m( I hbu hmm( j( 7hN( Nx ( 17 u( U( j24O( bN hbu HI ( 2) b( A N( mx b2j2k1( I N 47( I ( bN 471UhN( ChbBI xhU( Oh7B( u huUhbNhk( I 2U( 7 Nx ( 17 N7hu1N12bh­j m2HbN( 74h7NI 1b h44jD1bk ebN( 7b( N ChI ( u I 2jHN12bI

J 71UhN( ChbBI I x2Hju ( E4j27( m2jjhC27hN 1bk A1Nx N7hu1N12bh­j ChbBI N2 m2O 4j( O ( bN ( hmx 2Nx ( 7 hbu CH1ju h b( A 1buHIN71hj mxh1b for Internet-based finance. Traditiona­l banks xhU( huUhbNhk( I 1b CHI 1b( I I 2HNj( NI hbu mHI N2O( 7 ChI ( I Ax1j( 471UhN( 2b( I h7( j( hu1bk 1b N( 7OI 2) 1bb2UhN12b a bu( 7 IHmx m17mHO INhbm( I Nx ( D h7( Hbj1B( jD N2 C( 71UhjI ebIN( hu Nx ( D A1jj I xh7( 7( I 2H7m( I hbu m2O4j( O( bN ( hmx 2Nx ( 7 1b Nx ( )HNH7(

 ??  ?? Presidents of five private banks sign a document on industrial developmen­t in Shanghai on November 20, 2015
Presidents of five private banks sign a document on industrial developmen­t in Shanghai on November 20, 2015

Newspapers in English

Newspapers from China