Internationalization Of China's Financial Supervision

Since 1 990s, the process in international banking market integration has been speeding up, finance innovations have been constantly emerging and financial authorities have increasingly been directing to multiplement business. Thus, the new developing trends for the international banking market will certainly compels a series of major changes to take place in the banking supervision system in china that is to converge to the development of the worldwide finance.In he article, the author expounds in detail the predicaments the traditional supervising ways adopted in our country are facing, the existing specific state in which the international banking supervision is developing, the influences of western mixed business system on our country as well as the legal countermeasures taken in the supervision on the crises in derived banking means and the market newly set in our country. And, moreover, properly constructive views are put forward in the respect of specific contents and tactics of the banking supervision internationalization in our country after entering the WTO.The first step is to construct a perfect, scientific, modernizing, highly internationalizing financial legal system.The second step is that the financial openness must be steady.The third step is to strengthen the porter and areas of financial supervision.Finally, we must quicken the reform of capital market.