商务英语阅读（上册）unit_14教材教学课件.ppt

Unit Fourteen ;Teaching Objectives;Teaching Emphases ;Content ;TEXT Chinas Door Now Wide-Open For Foreign Banks; As China moves to open itself fully to foreign banks by the end of 2006, many overseas banks have moved in quickly to take advantage of the new opportunities that China agreed to provide in its WTO accession package. Foreign banks see a pot of gold in the nations dazzling growth, with abundant opportunities to tap the huge number of unbanked Chinese. Under WTO promises, China must allow foreign banks into the local currency retail lending market of 1.3 billion consumers by the end of 2006. The Chinese Government is fully supportive of foreign financial institutions playing a bigger role in the banking sector, as it sees foreign participation in local banks and bank restructuring as a win-win choice. ;; In China, a major back-check of the once ailing banking system has turned up the heat on its banks. Ahead of the full opening of Chinas financial industry by the end of 2006, the government has been actively encouraging investment from overseas and the listing of the big four state-owned banks —Bank of China (BOC), Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB) and Agricultural Bank of China (ABC)-on the stock market.; According to the CBRC, non-performing loan (NPL)1 volumes and rates for commercial banks continued to fall this year. At the end of the first three quarters of 2006, the outstanding balance of the NPLs fell to 1.27 trillion yuan. The ratios of NPLs dropped to 7.3 percent. Also, the solid growth in loan portfolios2 and improvement in risk management have contributed much to the decline. A survey performed jointly by the Peoples Bank of China and the National Bureau of Statistics in the first quarter of 2006 showed that 65.2 percent of commercial banks faced increasing loan demand compared with the quarter before, while only 7.6 percent of banks witn