Foreword
Chapter One The concept of “big finance” and the national policy of
a strong RMB — A policy study of the top-level design and layout of
Chinese finance
1.1 The positioning of the modern financial system
1.1.1 An overview of the modern financial system
1.1.2 The two types of world financial systems
1.2 The structure of the modern financial system
1.2.1 The financial market system
1.2.2 The financial organization system
1.2.3 The financial legal system
1.2.4 The financial regulation system
1.2.5 The financial environment system
1.2.6 The financial infrastructure
1.3 Policies for the modern financial system
1.3.1 Financial policies
1.3.2 The monetary policy
1.3.3 The exchange rate policy
1.3.4 The regulatory policy
1.4 The development of a modern financial system
1.4.1 The currency area
1.4.2 The “national policy” of a strong U.S. dollar
1.4.3 The national policy of a strong RMB
1.5 The establishment of an organization for the top-level layout of
China's finance
Chapter Two The “twin-peak” model for financial regulation — A
review of financial regulatory and coordinating measures in China
2.1 The financial regulation system in America
2.2 The U.K. financial regulation system
2.3 The financial regulation system in the EU
2.4 Differences and similarities in financial regulation schemes
2.5 Selection of modes of financial regulation in China
2.5.1 The “twin-peak” mode of financial regulation
2.5.2 Top-level decision-making body
2.5.3 Interaction of financial regulation policies
2.5.4 Regulation of systematically important financial institutions
2.5.5 International cooperation in financial regulation
Chapter Three Local economic development and financial support —
A study of Chinese financial hierarchy
3.1 Financial liberalization and national instability
3.2 Financial repression and regional lack of vitality
3.2.1 Financial development — a choice for regional economic transition
3.2.2 Eight types of competition in local economy
3.2.3 Local economic development requires financial underpinning
3.2.4 Stronger measures are needed to release financial repression
3.3 Definition of central and local responsibilities and authorities
3.3.1 Overall thinking and basic principles
3.3.2 Definition of authorities and responsibilities of central and local
governments for financial regulation
3.3.3 Central and local financial regulatory structure
3.4 Measures for effectively promoting local financial development
Chapter Four The establishment of an onshore transaction clearing
center for RMB offshore business — Explorations in the interactive
model for internal and external finance
4.1 Integration and internationalization
4.1.1 Globalized integration of real economy
4.1.2 Internationalization of financial markets
4.2 Offshore and onshore markets
4.2.1 Production and capital internalization facilitate the offshore
financial market formation and development
4.2.2 The orderly connection between offshore and onshore markets
4.3 The design of offshore-onshore connections in China
4.3.1 Rationale
4.3.2 Mode selection
4.3.3 Basic framework and system
4.3.4 General principles
4.3.5 Effective measures
4.4 Chinese rules for offshore-onshore connections
4.4.1 The separation of CIBF’s from domestic onshore RMB account to
ensure orderly flow and equal rights
4.4.2 The need to accelerate the amelioration of the offshore financial
legal system.
4.4.3 Strengthen risk control
4.4.4 Strengthen the appeal of offshore RMB and enhance onshore
settlement business volume
4.4.5 Other suggestions
Chapter Five The settlement of “carbon emissions trading” in RMB
- Explorations in China's pathway of “overtaking on the curve” in
finance
5.1 The Kyoto Protocol
5.2 Carbon, carbon emissions rights and carbon emissions trading
5.2.1 Carbon
5.2.2. Carbon emissions rights
5.2.3. Carbon emissions trading
5.2.4. Formation of carbon commodities
5.2.5. Carbon forwards
5.2.6. Carbon futures
5.2.7. Carbon options
5.2.8. Carbon Funds
5.2.9. Carbon markets
5.3 The status quo of world carbon market development
5.3.1 European Union
5.3.2 The United States
5.3.3 Asia
5.3.4 China
5.4 The settlement of “carbon emissions trading” in RMB
5.4.1 Carbon emissions trading as an institutional arrangement for
optimizing regional distribution of industries in China
5.4.2 The development of a standardized carbon market as a financial
launch pad for China’s 21st Century Maritime Silk Road initiative
5.4.3 “RMB settlement” for “carbon emissions trading” – a new pathway
towards “overtaking on the curve” for RMB internationalization
5.5. Accelerating the Development of China’s Carbon Market
5.5.1 Establishing and perfecting China’s carbon market system
5.5.2 Creating a unified national carbon futures exchange
5.5.3 Striving for a decisive say in Asia’s carbon futures market with
standardization development as a point of departure
5.5.4 Strengthening legal frameworks and binding carbon futures trading
with RMB international settlement to boost RMB’s international standing
5.5.4.1 Devising full-fledged laws to protect carbon property rights
5.5.4.2 Incorporating Asia-Pacific countries and regions into China’s
carbon futures market and prompting the RMB to become a major
denomination currency for the settlement of carbon futures contracts
5.5.4.3 Formulating national (international) regulatory norms on carbon
futures markets
Chapter Six The present and future of China’s internet finance -
The trend of FinTech innovation in China
6.1 An overview of the development of online banking
6.1.1 Definition of online banking
6.1.2 Types of online banks
6.1.3 An overview of online banking abroad
6.1.4 An overview of online banking in China
6.1.4.1 Services of online bra
