CCTV9英语新闻：Webank marks China's 1st internet-based private bank

Webank is China's first Internet-based bank. Its establishment marks a major step in deepening reform in the financial sector¹, one that's being constantly transformed by the Internet.

 

Webank was approved by the country's regulators in July, 2014. Five months later, it was granted a banking² operation license³. And last month, its official website was launched, with just a simple QR code, so you can scan and open it on your smart phone. The online-only bank has a registered capital of three billion yuan, or around 480 million US dollars.

 

Tencent Holdings, which operates China's most popular online chatting service, is the largest shareholder⁴, while others include Shenzhen Baiyeyuan Investment and Shenzhen Liye Group. The bank will mainly focus on financial services, including deposit and loan services to individual consumers as well as micro- and small-sized enterprises rather than chasing big companies and people with big assets.  

 

1 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

2 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。

3 license   

n.执照，许可证，特许；v.许可，特许

参考例句：

• The foreign guest has a license on the person.这个外国客人随身携带执照。
• The driver was arrested for having false license plates on his car.司机由于使用假车牌而被捕。

4 shareholder   

n.股东，股票持有人

参考例句：

• The account department have prepare a financial statement for the shareholder.财务部为股东准备了一份财务报表。
• A shareholder may transfer his shares in accordance with the law.股东持有的股份可以依法转让。