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I.The Role of the Banking Sector in China
banking industry
banking sector
profit-seeking business
the economy
to mobilize savings
capital funds
to allocate capital funds
productive investment
to finance productive investment
monetary policy
to transmit monetary policy
a payment system
to transform risks
a principal repository
liquid funds
the public
safety of funds
avalability of funds
financial system
stability of the financial system
efficiency of the financial system
financial resources
scarce financial resources
allocation of scarce financial resources
to facilitate efficient allocation of scarce financial resources
impulse of monetary policy
the real economy
national payment mechanism
financial and business system
banking system
to reduce risks
aggregation
to bear risks
reform and opening to the outside world
to enter a stage (of)
vigorous development
acceleration
strengthen
the central bank’s capacity for supervision
macroeconomic management
greater openness
evolution
PBC=People’s Bank of China |