英闻天下——368 More Pilot Banks for Setting up Fund Firms

　　China's banking¹ regulator has revealed plans to launch more pilot banks in an attempt to create more government-regulated fund companies.

 

　　Shang Fulin is the chair of the China Banking Regulatory Commission.

 

　　"This act will help improve the social financing structure, increase the percentage of direct financing and adjust the high proportion of indirect financing. Besides, it can also push forward the development transformation² of banks, allowing for scientific development from sole deposit and loan business to assets management. Moreover, it will also stabilize³ the assets market."

 

　　The Bank of Beijing and Industrial Bank are among the third batch⁴ of pilot banks which are setting up fund companies.

 

　　The Industrial and Commercial Bank of China, China Construction Bank and Bank of Communications were selected as the first batch of banks to establish fund companies in 2005.

 

　　To this point, 8 commercial bank-controlled fund management companies have been established, with assets of around 500-billion yuan.

1 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

2 transformation   

n.变化；改造；转变

参考例句：

• Going to college brought about a dramatic transformation in her outlook.上大学使她的观念发生了巨大的变化。
• He was struggling to make the transformation from single man to responsible husband.他正在努力使自己由单身汉变为可靠的丈夫。

3 stabilize   

vt.（使）稳定，使稳固，使稳定平衡；vi.稳定

参考例句：

• They are eager to stabilize currencies.他们急于稳定货币。
• His blood pressure tended to stabilize.他的血压趋向稳定。

4 batch   

n.一批(组，群)；一批生产量

参考例句：

• The first batch of cakes was burnt.第一炉蛋糕烤焦了。
• I have a batch of letters to answer.我有一批信要回复。