A Study On The Mixed Operation Of The Financial Industry In China

With the development of the global economy and technology, the mixed operation becomes the trend of global finance. This article tries to make clear that China how to choice the banking operation when facing the global trend of mixed operation, especially after China enters WTO.Firstly, this article makes clear of the concept of the mixed operation and divided operation, development history of world banking operation, Chinese financial industry and the reasons.The second part of this article describes the goodness and drawback when doing mixed operation. The conclusion is that the divided operation has to be done in China now and it will take a long time to open Chinese financial circles.But in the global trend of mixed operation, Chinese finance has to change from divided operation to mixed operation. Creating the mixed operation's conditions is very important, including the free finance controlling, valuable securities market, succeed of State-owned enterprise reform, interesting rate's marketization and so on. Then, realization of the mixed operation in China must be step by step. The concrete means to realizing mixed operation include pilot project in oversea market, cooperation of commercial banks and security companies, finance creation accelerating the steps of assets' securitisation. How to choose the mixed operation's model? The model of America is most fitted to china. How the commercial banks change to financial holding company also has been mentioned.At last, the main content is that how to control the risk of the mixed operation. The mixed operation makes more risk than divided operation. In the world, there are four main kinds of controlling risk model. Now our country has some problems in the condition of mixed operation. In China the financial regulation should be reformed. The last part of article gives some means to promote the Chinese finance controlling level.