Capital Markets

Chinese Capital Markets Research, Autumn 2009

Chinese Capital Markets Research is currently published in Japanese only. A translation of the Table of Contents is provided here, with links, when available, to comparable reports in English on the website of Nomura Institute of Capital Markets Research. For other materials in English, please contact the author(s) or NICMR directly.

Contents

Special Feature: Development Research Center-Tokyo Club Foundation for Global Studies Research Conference

An Outline of New Developments and Direction for SWFs under the Shock of the Financial Crisis
BA Shusong, Research Institute of Finance, Development Research Center of the State Council
Overseas Investments by Qualified Domestic Institutional Investors (QDIIs)
HU Xing, Department of International Investment, ABN AMRO TEDA Fund Management Co., Ltd

Macro Finance

How to Redress the Global Imbalance?
Chihung KWAN, Nomura Institute of Capital Markets Research, Ltd.

International Finance

Internationalization of the Renminbi as a Long-term and Gradual Process
ZHANG Ming, Institute of World Economics and Politics, Chinese Academy of Social Sciences
Impact of Issuing RMB-denominated Public Debt in Hong Kong
Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.

Capital Market Reforms

The Market-Maker System as a Key Part of a Multi-layered Capital Market in China
FAN Jianjun, Research Institute of Finance, Development Research Center of the State Council

Securities Market

China's Growth Enterprise Market
Takeshi JINGU, Nomura Institute of Capital Markets Research, Ltd.

Management of Financial Institutions

Openness of China's Banking Industry from the Perspective of Inward and Outward Foreign Direct Investment
HE Xiaojun, Finance and Securities Institute, Renmin University
Reform of State-owned Commercial Banks Bearing Fruit
Chihung KWAN, Nomura Institute of Capital Markets Research, Ltd.

Asset Management

Measures toward Diversification of China's Foreign Reserves and CIC Investment
Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.
Measures Aimed at Strengthening the Revenue Sources of the Social Security Fund
Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.

HOT TOPIC

Rising Direct Foreign Investment by Shanghai's Enterprises
Eiichi SEKINE, Nomura Institute of Capital Markets Research, Ltd.