Financial Separate Operation And Mixed - On The Development Trend Of China's Financial Industry Business Model

Since the passage of << Financial Services Modernization Act Of 1999'>> by the Senate of the U.S. in November. 1999, the mixed management has received wide concern from the filed of finance and theoretical economics in our country. With the deepening of globalization and financial liberalization as well as the change of our domestic economic circumstances, the previous financial mono-management system and theory in our country will face challenges. This paper attempts to analyze the pros and cons of the above-mentioned two financial management systems based on the comparison of cost and profit so as to explain the different demands on financial supervision. Furthermore, the paper describes the development of financial management models in western countries and explores a financial management model with Chinese characteristics. The organization of the paper is as follows: Chapter 1: Describing the two models of financial management, providing a definition of financial management models and elaborating on the cost return from the perspective of micro-enterprises and the general market; Chapter 2: Analyzing the different demands of financial management models on financial supervision and their effects, focusing on means of financial supervision during transitional period; Chapter 3: Introducing the development of financial management models in western countries, analyzing the realistic causes of its adoption of the integrated management models; Chapter 4: Introducing the history and present situation of Chinese financial management models since the implementation of opening and reform policy to provide a future possible financial management model in China.