Furthermore , for foreign financial institutions , the opportunity for profit is often more prominent in developing economies opening up their financial markets to the outside world , thus enabling cross - border financial intermediation , than in the case of just opening up domestic financial systems so that they can participate in domestic financial intermediation 此外，若发展中经济体系不单止开放其本地金融体系，让海外金融机构参与本地金融中介活动，而是全面向外开放，可进行跨境金融中介活动，对海外金融机构来说，这个盈利的机会便更具吸引力。
China has entered wto . according to the agreement on financial services of wto and the protocol on the accession of prc , foreign financial institutions will enter the securities market of china and the chinese public companies and securities firms will go abroad , which means the securities market of china will open to a great extent and become part of the world market 中国已经成为wto的正式成员，按照wto有关金融服务贸易协议与中国入世的议定书，外国金融机构将会逐步进入中国证券市场，中国的上市公司、证券公司等主体也将走向国际市场，这意味着中国证券市场最终将实现全面开放，融入世界市场中。
Generally speaking , separated operation emphasizes stability of financial system but mixed operation stresses efficiency . at present , chinese financial sectors operate separately and supervisory organizations superintend separately . with china entering into wto , more and more foreign financial institutions come into china , and cause strong pressure to chinese financial institutions 总的说来，分业经营更强调金融业的稳定性，适用于金融业发展不稳定的时期；混业经营更强调效率，在金融业发展日趋成熟、配套措施逐渐完善的情况下，混业经营应成为优先选择的金融经营模式。
These companies and people , who are not satisfied with the services provided by mainland s domestic banks , are the potential customers of foreign financial institutions . business opportunities in trade finance , foreign exchange , mortgage , hire - purchase and other fee - based services are considerable in the medium term 除现有的外商投资企业客户外，随西部地区经济发展而兴起的私营企业和中产阶级，由于对国内银行提供的服务不尽满意，大有条件成为外资金融机构的客户。中期而言，在贸易融资、外汇买卖、按揭、分期付款及其他收费服务方面的商机将相当可观。
According to the foreign financial institution ’ s special way of entering into banking market , the financial supervision departments of our country have issued some corresponding supervision regulations . however , these supervision rules , such as the bank field supervision committee newest promulgation in 2003 years 《 management method 》 , have not changed the situation that the lack of legal regular basis , the way that the financial supervision organization of our country only still pass through special approval carries out standard for this behavior , this disadvantages the steady and legal construction of financial order , is also inconsistent with the requirement of wto 但是,从银行业监管委员会2003年颁布的《境外金融机构投资入股中资金融机构管理办法》来看,仍然没有从根本上改变对外资金融机构入股中资银行的市场准入缺乏明确的法律规则依据的现状,我国金融监管机构对相当部分参股行为仍然只能通过特别批准的方式来进行,这样做既不利于金融秩序的稳定和法制化建设,也不符合wto的相关要求。
On one hand , we should choose and introduce into the chinese market foreign financial institutions that have a long history and creditworthiness and are really necessary to china , while making sure that no foreign financial institutions with potential risks be allowed to enter ; on the other , we should ha ve an objective view of china ' s reality and be fully aware of the management level and competitive power of chinese financial institutions 国内金融机构在全方位的国际竞争中必然会有一个艰难的调整过程，民族金融业在业务、管理、监管和人才等方面将面临直接的冲击与挑战。我国加入wto ，对我国银行业的发展，既有利又有弊，但从总体和长远发展上看，利大于弊。
Since 1990 ’ s , the world ’ s economy has been destroyed seriously by several large financial crisis . it waked up the world ’ s finance industry to attach very importance to the financial risk , especially the credit risk , than the foreign scholars developed a series of quantitative models to measure and manage the credit risk . the structural model of credit risk is one kind of credit risk quantitative models , these quantitative models has played an important role for foreign financial institution to keep away modern credit risks 进入九十年代以来,几次大的金融危机给世界经济带来了巨大的影响和损失,引起了世界金融业对金融风险特别是信用风险管理的高度重视,于是国外学者开发出了一系列定量测定和管理信用风险的模型,信用风险结构模型就是其中一类重要的信用风险量化模型,这些量化模型为国外金融机构防范现代信用风险发挥了重要的作用。
The interior pressure comes from the deepening reform of financial system , which shakes essentially the traditional " administration finance " , " plan finance " , and removes the monopoly of the finance step by step , so the financial institutions face the drastic competition . the exterior pressure comes from the entry of the foreign financial institutions after our country joins the wto . the foreign financial institutions own abundant fund and mature market operation , so our institutions would be eliminated through competition if they could n ' t conduct financial innovation 内部压力来自于不断深化的金融体制改革，这些改革从根本上动摇了传统的“行政金融” 、 “计划金融” ，也逐步消除了金融业内部的垄断，使金融机构面临激烈的市场竞争；外部压力来自于加入wto后外国金融机构的涌入，外国跨国金融机构具有雄厚的资金与成熟的市场运作模式，我国金融机构如不在入世后的过渡期内进行金融创新，必将遭到市场淘汰。
In expanding the scope of business and customers of foreign financial institutions , we should carry out experiment in order and step by step , actively push forward financial system reform , and improve the transparency , efficiency and competitiveness . this paper places emphasis on analyzing china ' s banking and discusses the challenges the financial sector will face after the country joins wto as well as related suggestions and strategies 一方面竞争机制的引进有助于加快我国银行商业化进程，提高经营管理与金融服务水平，完善经营运行机制，增强国际竞争实力；另一方面外资银行涌入我国金融服务供应领域，凭借其雄厚的资金实力、先进的经营手段和科学管理经验，必将对我国银行业产生强烈的冲击，带来诸种负面影响。
