International Financial Trend Of Mixed Operation Research And Its Implications

With the enactment and ordination of America's " Financial Service Act of 1999', the financial industry system in main developedcountries has veered to combined operation. This transformation symbolizes the latest trend in contemporary international financial industries. Starting from the historical evolution of international financial industry system, this dissertation is going explore and research the cause of this trend and the profound theory background. At the present, in China, the separation operation system which played certain active role in regulating inflation and adjusting financial order in 90s last century is still dominant in China's financial industries. Its existence still has certain rationality at the moment. Nevertheless, while China has been a member of WTO, Chinese economy will be gradually and fully amalgamated into the grand frame of international economy In the face of this combined operation tendency in international financial industries, Chinese financial industries operation system has to be decided the selection either "where from" or "where to". According to Chinese realistic situation, this dissertition brings forward that, during the reformation transitional time, the financial industries in China should adopt the developmental mode of both separation and combination, then gradually leading to wholly combined operation.