The Realistic Choice And Risk Control Of Mixed Operation In China's Financial Field

This paper has analyzed the intrinsic motivations and the external conditions in the ongoing Changing of China's financial framework towards the mixed operation model under the impact of international financial innovation and financial liberalization and the financial activity globalization, and also has analyzed the necessity of restructuring in China's financial system, which based on the current framework "separate operation and divided financial regulation" in China's financial field and the wave of mixed operation trend in the global financial field.In this paper, two basic forms of financial mixed operation have been researched and compared, one of which is the form of universal banking, while the other one is the form of financial holding company. And we can safely draw a conclusion that financial holding company is not only the most effective form in China financial system's transitional period, but also the realistic choice in the trend of China's mixed operation in financial field.This paper takes China's financial ecological environment into account, and does a further research on the development status of China's financial holding companies, which is the best form of China's financial mixed operation, and analyzes the characteristics and causes of its risk. In the last part, this paper analyzes kinds of models of financial holding company in major foreign countries, and brings a series of risk control strategies from the aspects of the financial holding company's own internal risk control, and from the aspects of China's financial supervisory authorities' external risk regulation policies.