日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Shanghai rises on global?financial stage

By Andrew Moody | China Daily | Updated: 2020-10-30 06:43
Share
Share - WeChat
The exterior of the Shanghai Stock Exchange. [Photo/Xinhua]

"The Chinese government moving toward a central bank digital currency lends support to the development of yet more fintech architecture," he said.

McWilliams, from the Centre for Economics and Business Research, also author of Driving the Silk Road, believes that because financial centers on the Chinese mainland are just emerging on the world stage, they can take the lead in some of the newer technologies.

"The single most important factor identified for determining a country's competitiveness in fintech is big data analytics capability, and China is by some distance now the world leader in this," he said.

Wojcik, from Oxford University, said the risk is that if China's financial centers became known for fintech and wanted to export their services, they could be subject to the same type of pushback that Huawei has encountered in the US and Europe over its 5G technology.

"China can definitely be the world leader of fintech development. Chinese fintech exports and international expansion are likely, however, to encounter problems abroad," he said.

The big question remains whether Shanghai can directly compete against New York or London as a major international financial center until its capital markets are fully open and money can flow freely in and out of the country.

Wojcik recognizes that, despite Shanghai's recent advances, this factor is a barrier.

"Chinese capital markets are growing quickly in size and depth, but their openness lags behind. China, with fully open financial markets, would be one (place) in which the government has much less control over the economy. It may take decades, or never happen," he said.

Zhu said there is the intent to open up further, but the current uncertain international economic environment makes this more difficult.

"China is continuing its push for RMB and capital account liberalization, but it is probably going to be a gradual and lengthy process," he said.

"I certainly do not foresee a fully open capital market in the near future, due partly to the pandemic and capricious international market conditions."

However, Sheng, also adjunct professor of economics and finance at CEIBS, is more bullish. He believes the events of this year and the relative strength of the Chinese economy, compared with many in the West, could prove a turning point for Shanghai.

"In the post-2020 era, Shanghai will march toward even higher goals for building an international financial center," he said.

|<< Previous 1 2 3 4 5   
Top
BACK TO THE TOP
English
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
主站蜘蛛池模板: 四虎影 | 色婷婷在线播放 | 韩国资源视频一区二区三区 | 亚洲国产欧美在线 | 亚洲香蕉久久一区二区三区四区 | 激情亚洲| 一区二区三区四区精品 | 2022国产成人精彩在线视频 | 2018中文字幕在线观看 | 91视频专区 | 国产深夜福利在线观看网站 | 激情久久av一区av二区av三区 | 婷婷久久爱www | 成人网在线 | 久久国产视频网 | 欧美激情第二页 | 国产尤物在线观看一区二区 | 国产一区二区三区福利 | 尤物视频在线观看 | 国产精品视频在线观看 | 国产精品小黄鸭一区二区三区 | 久久久精品免费观看 | 亚洲欧美日韩在线一区二区三区 | a视频在线 | 狠狠操在线观看 | 国产一级一级一级成人毛片 | 四虎网站在线观看 | 91伊人久久 | 精品久久久久久久中文字幕 | 久久人人做 | 成人在线观看免费视频 | 国产成人久久 | 精品久久洲久久久久护士 | 欧美aaa毛片免费看 日韩精品一二三区 | 国产精品综合视频 | 91av久久| 国产精品视频网站 | 人阁色第四影院在线电影 | 九七婷婷狠狠成人免费视频 | 国产成人免费视频网站高清观看视频 | 668溜溜吧|