Study On Internationalization Of China's Securities Market

The world today when economic globalization and financial liberalization are growing, under the background of fact that our country has joined WTO , realize the internationalization of China's securities market, perfecting the market system of the capital will have important function on the steady development of the economy of our country.The norm of China's securities market and sound development are a complicated and enormous system engineering, security market of China start although late, quickly development. As to Chinese capital market, the security market is a central , basic part of constructing the modern financial system, one that realize the integration with world , standardizing the establishment of the security market with complete, health and function is the request of times, necessity of history too, security market internationalization become the important problem in China's securities market evolution at present.This text combines the actual conditions of China's economy and security market development closely on the basis of drawing lessons from domestic and international research results, carry on the deep analysis to the domestic security market, combine the international experience of the internationalization of security market, put forward the concrete countermeasures of the internationalization of China's securities market.The main content of this text is divided into five parts altogether:The first part is the internationalized relevant theory survey of security market. Having explained the international capital circulation theory, the innovative theory of the finance, the deep theory of the finance, balanced theory inside and outside financial market. Thus, have carried on careful analysis to the internationalization of security market in theory.The second part is the internationalized current situation analysis of China's securities market. Expound the fact security market internationalized reason and the positive and negative effect, analyse China's securities market current situation of internationalization in many angles, including the historical development course of our country security market internationalization, the impact on securities business of our country entering into WTO, internationalized potential risk.The third part is the international experience comparative analysis of the internationalization of security market. Have described the experience in the foreign internationalized process of security market, including the internationalized characteristic, internationalized goal, mode selection, process of opening of security market and the enlightenment to the internationalization of security market of our country in the ripe developed country, the last developed country and the newly industrial country.The fourth part is a strategic choice of the internationalization of China's securities market. Have described the basic principle, goal of the internationalization of China's securities market and implemented the step, point out the model of internationalization of security market of our country should be one kind: opening indirectlyâ†' restraint in opening directlyâ†' overall direct opening. It is a kind of progressive, orderly internationalized mode.The fifth part put forward the realistic countermeasures of the internationalization of China's securities market from two respects of perfection of the perfection and supervision of the market. Its research results, to advance the internationalized process of China's securities market to offer the scientific method and new train of thought.