This was a high-level roundtable discussion held in Beijing on 30 October. It was sponsored by the China Council for the Promotion of International Trade and China Chamber of International Commerce. Among others, it was attended by Mr. Wan Jifei, President of CCPIT, Alderman Robert Finch, Lord Mayor of the City of London, Mark Leonard, Director, FPC, Professor Yu Yongding, Director of IWEP of CASS and Member of the Monetary Policy Committee of the People's Bank of China, and senior executives from Chinese and foreign banks and from the China Banking Regulatory Commission.

The Roundtable was held against the background of China entering its second phase of implementing WTO commitments, particularly in anticipation of the full opening of China's financial services industry in 2006.

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