刍论中国金融模式下的分业与混业

On Separation and Universal Banking Under Chinese Financial Model

金融业从分业向混业发展乃大势所趋，分业利于安全，混业利于效率。然而在中国金融模式下，由于制度前提、金融职能、产权结构的特殊性，使分业和混业都有防范金融风险和提高金融效率的双重要求。明确混业的基本目的、结合一系列金融制度改革、进行金融监管创新等，是分业平稳走向混业的基本条件。

It is the general trend that fiancing trade develops from seperation to universal banking，which is beneficial to security and the improvement of efficiency. However，owing to the paticularityot system，function and structure under Chinese financial mode，both seperation and universalbanking are demanded to hedge against financial risks and improve efficiency．The essential conditionsfor seeking stable ways from separation and universal banking include knowing about the fundamentalpurpose of universal banking，reforming financial system and innovating financial supervision，etc．