| December 11, 2006, with the promulgation of the《the management rules of foreign banks》,the domestic banking sector fully liberalized to foreign banks. China's banking industry have had a profound impact on the development itself ,regulatory legislation, the establishment of a social credit system with the continuous access of foreign banks.In this context, according to theories of foreign banks, financial ecological environment of Jilin Province, which will be impacted from foreign banks, also financial supervision departments, social credit environment.1. Theory(1) The financial ecological environmentThe concept"Financial Environment" comes since November 2004,from Zhou Xiaochuan, the governor of the People's Bank of China, in"Economics Forum 50"by the"perfect the legal system, improving financial ecology"first proposed in the report, which is generated extensive and profound impact. In the theory,"the financial ecological environment"is a bionic concept which is the financial industry and the survival and development of an interactive relationship between the social and natural factors combined, including political, economic, cultural, geographic, demographic and all interaction with the financial industry , the interaction, the main emphasis financial operation of the external environment which is also running some of the basic financial conditions. In a narrow sense, that is the financial environment at the micro level, including the legal system, the integrity of the environment, enterprise system and the administrative system in areas such as content."Financial ecological environment"factors interrelated, interdependent and interaction, together constitute an organic whole. (2) foreign banks Motivation TheoryThe theory includes the main customers, overseas expansion competitive advantage, the host profit opportunities, the host country regulatory requirements and foreign banks factors such as their parent banks, this theory has not only foreign-invested banks of the transnational business possible motives, as well as foreign banks in the region to understand the impact of ideas.(3) foreign banks impact theory to target regionalWith foreign banks operating impact on the role of foreign capital increase, its goal of the host country or regional financial impact on the ecology is extremely important. Since the 1980s, research in this area emerging new results, and the current academic popular form of foreign banks in the target regional impact theory. According to this theory, the target of foreign banks major impact on regional economic growth in effect, the ecological stability of the financial .2 The status of Jilin financial ecological environmentJilin Province, as the old industrial base in northeast China,is an important component part of China's industry. However, since the reform and opening up, especially since the socialist market economy, Jilin Province has found itself in an unprecedented economic plight. Analysis of the old industrial bases in Jilin Province have plight of the reasons, apart from an irrational industrial structure, and aging equipment, backward technology, the most important reason is that the planned economic system transition to a market economy in a series of economic and financial problems.Specifically, the reform of state-owned enterprises lagged behind,funds with low efficiency,resulting in the burden-regional banks;regional financial institutions, self-regulation, self-optimizing capacity of the benign development of poor corporate governance structure does not sound ,level of financial services can not meet the needs of the regional economic development ; poor credit environment, and have not formed a healthy financial ecosystem operating mechanism yet; economic development on bank credit, such as a higher degree of dependence on these aspects.3. Foreign banks regional impact analysis on the target areaThrough the theory, the financial ecological status of Jilin Province, can be appropriate in the future to have a real impact on the main contents include: "catfish effect" enhance the efficiency of the local banking industry; foreign investment banks entering the domain of economic growth for the introduction of capital and optimizing the allocation of foreign banks ;the province of economic growth "technology spillover" effect,etc.4. CountermeasuresAccording to the former the paper gives more focus on the coping strategies, including the improvement of the social credit system, optimizing the financial ecology environment, and strengthening the building of intermediary institutions to enhance the prevention of financial risks ability to improve the financial viability of the main ecological, strengthening the rule of law and environmental construction, and strengthen the self-supervision; improving the financial eco-operation mechanism, the establishment of well-structured and functional coordination of provincial financial system, improving the province enterprises corporate governance structure, consciously abide by the rules of the market economy; rationally adjusting the introduction of foreign banks of the country and speeding up the introduction of strategic investors; multi-level exchanges,making a new situation with foreign banks ;In short, improving the own financial ecological environment of Jilin Province, is the first step which will form a fair competition platform , the brunt of foreign banks from different country having different strategies,enter the region, effective functions through local financial system; In a good environment in regulatory, legal, intermediary institutions, such as credit system, with active exchanges, comprehensive engagement, multifaceted cooperation and excellent management experience, and risk control technology , actively planning the talent strategy, and competitioning with foreign banks in active products, operations, personnel exchanges and other cooperation, It's a vibrant ecosystem of Jilin Province financial system, so as to promote the economic development of the province actively. |
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