银监会历年英语面试真题及参考答案

银监会英语面试题目

个人：

1、Self-introduction(向考官推销自己)

Good afternoon. It's a great honor for me to be here. Now let me introduce myself briefly.

My name is XXX,. I'm XX years old, born in XXX. I'm currently a student in XXX University, majored in XXX. I'll get my master degree of economics in this summer.

Firstly, I'm a good learner at school. Through six years study, I've got a solid grasp of financial theories and economic knowledge. I want to put i learned in shool into practice.

Secondly, I'm a good problem solver. I have participated several important research projects, such as the research on the strategic industries, which won the second prize in the paper contest. Last but least, I'm a good team player. I have been XXX of Student Union, organized several college activities such asXXX. When served at the Red Cross Society , I have participated in youth volunteer activities for many times. And I'm honored as the "Excellent Volunteer" ,which is my pride.These activities cultivate my team spirit and teach me how to communicate efficiently and accomplish tasks systematically.

TO sum up, I'm a cheerful, diligent and responsible girl. Being a regulator in CBRC is my long cherished dream. I hope you can give me the chance. Thank you for listening.

2、what’re your hobbies?What extracurricular activities do you take at school?（你的业余生活）

I have a lot of hobbies. I like reading, climbing mountains, playing badminton and photograph. I like to play badminton best. My reasons are as follows:

Firstly, it helps me enhance my physical health. Though running and playing ,I can have more excises.

Secondly, it cultivate my team spirit and teach me how to cooperate with my partner and compete with my opponent.

Last but not least, it gives me a lot of fun. It can strengthen the friendship with my friends. I enjoy myself very much in this game. Whenever i feel down, i will play badminton with my friends. It will cheer me up.

I have took a lot of extracurricular activities in school. I have participated I have been the XXX of Student Union, organized several college activities such as XXX. When served at the Red Cross Society , I have participated in youth volunteer activities for many times, such as peer education, donation blood without payment. And I'm honored as the "Excellent Volunteer" ,which is my pride.These activities cultivate my team spirit and teach me how to communicate efficiently and accomplish tasks systematically.

3、Tell me the hardest time of study in your life

The hardest time of study in my life happened in the first semester when i enter into XXX University. I have to learn a lot of difficult and abstract subjects. At the same time, I have to participate the research work organized by my tutor. The research work was complicated to me and I didn't known how to handle it. With the proper time management and the help of my classmates and tutor, I quickly went into the role and finish my task successfully.

Firstly, i try to learn the time management and make proper arrangement for my study time and research time.

Secondly, i try to learn from my classmates and tutor. With their help, i have mastered the basic research skills and how to carry out the research work.

Thirdly, i try to strengthen my communication skill and learn how to cooperate with my classmates. It cultivate my team spirit which is very beneficial to my future.

At the end of the semester, i have got very good records in my study. And one of my research work have won me the second prize in the paper test.

4、which subject do u like best , why?

The subject i like best is called Financial Topics, which is taught by XXX. My reasons are as follow:

Firstly, the subject is very useful. It uses financial theories to analyze the economic phenomena happen in our real life.

Secondly, the teacher is very humorous. He uses a lot of jokes and metaphors which makes the class very interesting.

Thirdly, this subject gives us the opportunity to show our opinions. We are divided into several groups to discuss the topics and show our results in the class.

To sum up, this subject is both useful and interesting and provides the platform to show our opinion in this financial topics.

5、what's your strength and weakness?

My strength lies in my ability to handle the difficulties. No matter what happens, I will not lose confidence and give up. I will use my own strength and the help from my family and my friends to over the difficulties. I believe the difficulties are the good opportunity to learn and i will grasp it to improve myself.

My biggest weakness is lack of experience. So as a student just graduate from school, i will try to learn from my colleagues and leaders, I will spare no efforts to improve my working abilities and expertise knowledge of banking regulation.

6、大学期间都学到了什么东西？为什么你觉得你适应这个岗位？

Through six years study, I've got a solid grasp of financial theories and economic knowledge. This expertise knowledge will facilitate my future work.

On the one hand, I will put what i learned in school into practice. It helps me understand my work deeply and learn the new knowledge from practice.

On the other hand, the economic theories always teach me to keep the cost and profit, the risk in mind. It teaches me how to analyze problems logically and rationally. I think this is of special importance to bank regulators.

I think my knowledge base, my ability ,my character suit me in this job. Being a regulator in CBRC is my long cherished dream. I hope you can give me the chance and i will not let you down.

7、从你的兴趣、专业上谈谈你的职业规划

Through six years learning, I have got a solid grasp of financial theories and economic knowledge . I will get my master degree of economics in this summer. I want to put what I learned in school into practice. Besides I'm interested in banking regulation. Just as the saying goes" Interest in the best teacher." I will enjoy myself in being a regulator.

Being a regulator in CBRC is my career planning. It can give full play to my knowledge base, my abilities and my interests. That's why i want to work in CBRC and be a regulator..

8、现在就业你最看重薪资吗

Payment is one of the factors to consider in job-hunting, but it is not the most important one.

I'm looking for a job being meaningful and important which can incorporate my knowledge, my skills and my interest. Being a regulator in CBRC is the best choice for me .

First of all, CBRC is specialized in banking supervision and regulation. It has great influence on the stability of banking institutions and the sound development of our financial system. I want to contribute my strength in this great undertaking.

Secondly, through six years learning, I have got a good grasp of financial theories and economic knowledge . The work in CBRC can put what I learned in school into practice.

Last but not least, I'm interested in banking regulation. Just as the saying goes" Interest in the best teacher." I will enjoy myself in being a regulator.

That's why i want to work in CBRC and be a regulator.

9、introduce one of your favorite book

My favorite book is Gone with the wind. It describes a stroy about a lady called Scarlett during the American civil war .My reasons are as follow:

Firstly, this book reflects a perpetural truth that war always brings deeply pain to humain beings no matter when and where.

Secondly, it tells me what is real romantic love. Love is a kind of useage. The one you feel that you love may not really be.

Most significantly, the heroine Scarlett teaches me a precious living truth that no matter what will happen in my life, I cannot and shouldn't give up my mind. Everyone’s life is like a long road, and on the road there are many obstacles. Nobody can predict what will happen next minute, so what can we do is to stick to our belives and try our best to reach our goals. Scarlett suffers a lot, but she succeeds in the end for her adament spirit. “Tomorrow is another day”, so we should see every new start in our life.

I love this book very much. It really teaches me a lot. I wish myself a bright future. Tomorrow is another day!

10、目前的OFFER情况，为什么没去

I will soon graduate from XXX University. In the eve of graduation, I have been actively looking for work. I have participated the written tests, the interviews of XXX companies. And luckily, i have been admitted by the XXX, telecommunications companies, Sina Corporation. There are not my best choices. My reasons are as follow:

Being a regulator in CBRC is my long cherished dream. CBRC is authorized by the state

council to regulate banking industries. It has great influence on the sound development and stability of the financial system. The financial crisis in 2008, fully stand out the importance of supervision. I want to contribute my own strength in this great undertaking. I learned six years of economics and financial theory knowledge. I want to put what I learned in school into practice. CBRC can give full play to my professional knowledge, personal interest, I very much hope to the CBRC work.

11、你的毕业论文的选题是什么？为什么选这个？

The topic of my graduate thesis is about XXX. The goal of the thesis is to researchXXX.

I choose this topic for several reasons.

Firstly„„

Secondly„„

Thirdly„„

综合类： 1、怎样看待竞争与合作？

Competition and cooperation are common phenomena in our society.

Some people believe that competition and cooperation are in opposite to each other. But I don't think so. We find in many places competition goes hand in hand with cooperation. Let's take football game for example.During the game, one team is competing with the other team, but each member of the team must cooperate with his teammates. Otherwise, they will lose the game no matter how skillful individual player might be. It is clear that competition has much to do with cooperation.

On the one hand, competition stimulates people's interest in work and helps society go forward. On the other hand, cooperation is essential and necessary because most work in our society is fulfilled with other people.From cooperation we get mutual help and understanding. With cooperation the world is progressing at peace and in harmony.

To sum up, competition and cooperation are both essential to success and should be emphasized at the same time.

2、IQ和EQ哪个更重要,追问有IQ没EQ和有EQ没IQ两者谁更容易成功？

IQ is short for Intelligence Quotient .EQ is short for Emotional Quotient Both IQ and EQ are essential to success. If we have to compare these two factors, i will say EQ is more important. My reasons are as follow:

First, while IQ defines how smart we are, EQ defines how well we use what smarts we have. Just as one psychologist say" IQ gets you hired, EQ gets you promoted. " without a high level of EQ, may be we can't put what we learned in school to practice.

Second, EQ helps us judge situations and deal with interpersonal relations. We live in a society and we needs to cooperate with each other. Without a high level of EQ, may be we can't work efficiently and live in harmony.

Just as the saying goes"Success equals 20% IQ ,80% EQ"

I come up to the conclusion EQ is more important than IQ. If we want to success, we need to improve both IQ and EQ.

3、How do you think about team spirit and do you think you are a team worker? Team spirit is very important. It is an ability that people can understand each other and cooperate with each other to complete tasks successfully. We need for team spirit for several reasons.

First of all, team spirit offers us a platform where we can operate our collective talent to work out the best. Taking the Shanghai world expo for example, I think the success of the event first goes to the superb team spirit of the organizers and hundreds of young volunteers. So many people work hard and cooperate well for the single aim; an exceptional world Expo. A lot of student volunteers in Shanghai are committed and work tirelessly during the hot summer.

What is more, team spirit is quite useful for personal career. When working in a company, most of the time we have to finish or design a huge project with our colleagues. Each person can contribute their wisdom to the completion of the task. We cannot do it so well single-handedly. Finally, team spirit is the symbol of national power and strength. Another example is the touching power of the team spirit in the Sichuan earthquake. We were moved by the perseverance and persistence of the rescue workers, who were eager to help their compatriots.

In conclusion, team spirit is an important ability and skill in the 21th century because we are all faced with the globalization and the question of how to live better. Therefore, we must learn to work well in the team and let the team spirit guide us to success.

I'm a good team player. I have been the Vice Leader of Student Union. With the help of my teammates, we have organized several college activities such as Zhang Weiying' speech. Without their help and contribution, I can't do it alone.These activities cultivate my team spirit and teach me how to communicate efficiently and accomplish tasks systematically.

4、You have took part in some projects, what do you think about creativity?How do you think creativity in project

Creativity refers to new thinking, new ideas, new methods. A little change, can make things better, this is Creativity. Creativity is one of the most important things in the world because if each person did not have creativity then you would see everything the same. Each person has there own type of creativity and that is why there are unique art, movies, clothing, hair styles, etc. Be creative !

I think creativity is very important in project. My reasons are as follows:

Firstly, creativity find out the problems in the project.It prompts us to survey more, think more and practice more.

Secondly, creativity find out the better solution for the problem. Though the communication with other team members, creativity will be created from the Brain Storm.

Last but not least, creativity makes the project different from others. It helps the project stands out and make it more meaningful and more useful.

As the old saying goes"creativity is the soul of the nation". We should stimulate out creativity and let creativity guide us to success.

5、地震中最令你震惊和感动的事

The most surprise thing in the earthquake is that Humans could not resist the forces of nature

The most touched thing is that the Fukushima six heroes who risked their lives to save nuclear power station.

Though the Japan earthquake, I learn the that the Earthquakes can create huge waves, huge waves can create nuclear disaster. We must assess the risk of a thing before start it.

6、钱重不重要？（如何看待很多人都希望有更多的钱）

As we live in a materialistic society, with no doubt, money is very important. We need money to buy food, clothing, shelter and transportation. Without money, we can't live in this world. But it doesn't mean that money is the most important thing. Money can't buy health, friendship, happiness and love. There are a lot of things more important than money. We should pursuit money and use money in a proper way more beneficial to the society and world, just like the Bill Gates, he uses money to help more people and through this he becomes more happy.

My overall view is：Money is very important,without it,we may never be able to live.But we cannot ignore other value things just for money.

7、如何看待校园恋爱

Campus love is a very common phenomena among college students nowadays. Some college teachers argue that students should give up love for the sake of learning. They maintain that love is time consuming and influences one’s learning. Some students, however, hold that a student who falls in love will study harder and will make greater progress. They don't believe that a person in love lags(落后) behind in his studies.

Well ,in my opinion, campus love is a double-edged sword. On the one hand, campus love is pure and beautiful. Love is one of the greatest emotion in the world. On the other hand, it occupies part of learning time. When the couple breaks, it brings suffer and pain. So we should deal with the relationship between love and learning in a ration way. Make proper arrangements for love time and learning time. Let love becomes the impetus for learning and progress. Try to be mature and rational in the love progress.

10、市场经济体制下，企业只追求盈利性对吗

In the market economy, pursuit profit is one of the main targets for the enterprises. It is no ground to blame. With more profit, enterprise can grow and develop in a better way. But it is not the only goal. There are many other important goals, such as safety, social responsibility and so on.

Especially for the commercial banks, the management principle is "liquidity, safety and profit" for the enterprises ,we hope they can undertake more social responsibility.

In fact this is not contradictory, if one enterprise can undertake the social responsibility, then set up a good image in front of the public, so more and more people will buy this enterprise’s products. The enterprise will be more profitable. To establish a virtuous cycle.

CBRC：

1、What do you know about CBRC?

CBRC is short for The China Banking Regulatory Commission. CBRC is authorized by the State Council to regulate the banking sector.

The main function of CBRC can be concluded as: Firstly, to formulate supervisory rules and regulations , authorize the establishment, changes, termination and business scope of the banking institutions; Secondly, to conduct on-site examination and off-site surveillance of the banking institutions, and take enforcement actions against rule-breaking behaviors; Thirdly, compile and publish statistics and reports of the overall banking industry. Last but not least, it is responsible for the routine administration of the supervisory boards of the major State-owned banking institutions.

The goal of CBRC is to protect the interests of depositors, maintain the market confidence, enhance the competitiveness of banking institution as well as combat financial crimes.

2、What are the rules and functions of CBRC The main function of CBRC can be concluded as: Firstly, to formulate supervisory rules and regulations , Authorize the establishment, changes, termination and business scope of the banking institutions; Secondly, to conduct on-site examination and off-site surveillance of the banking institutions, and take enforcement actions against rule-breaking behaviors; Thirdly, compile and publish statistics and reports of the overall banking industry. Last but not least, it is responsible for the routine administration of the supervisory boards of the major State-owned banking institutions.

The rules of CBRC can be concluded:

Firstly, to promote the financial stability and facilitate financial innovation at the same time;Enhance the international competitiveness of the Chinese banking sector;

Secondly, to set appropriate supervisory and regulatory boundaries and refrain from unnecessary controls; Employ supervisory resources in an efficient and cost-effective manner.

Last but not least, Encourage fair and orderly competition; Clearly define the accountability of both the supervisor and the supervised institutions;

The supervisory and regulatory criteria of the CBRC 银监会的监管标准

a. Promote the financial stability and facilitate financial innovation at the same time;良好监管要促进金融稳定和金融创新共同发展

b. Enhance the international competitiveness of the Chinese banking sector;要努力提升我国金融业在国际金融服务中的竞争力;

c. Set appropriate supervisory and regulatory boundaries and refrain from unnecessary controls;对各类监管设限要科学、合理,有所为,有所不为,减少一切不必要的限制

d. Encourage fair and orderly competition;鼓励公平竞争、反对无序竞争

e. Clearly define the accountability of both the supervisor and the supervised institutions; 对监管者和被监管者都要实施严格、明确的问责制

f. Employ supervisory resources in an efficient and cost-effective manner.要高效节约地使用 一切监管资源

3、why do you want to work in CBRC?

My reason are as follow:

First of all, CBRC is specialized in banking supervision and regulation. It has great influence on the stability of banking institutions and the sound development of our financial system. I want to contribute my strength in this great undertaking.

Secondly, through six years learning, I have a good grasp of financial theories and economic knowledge . I want to put what I learned in school into practice. Besides I have internship in commercial bank. It enables me to understand the basic business scope of banking institution.

Last but not least, I'm interested in banking regulation. Just as the saying goes" Interest is the best teacher." I will work hard on it if i have a chance to get this job.

To sum up. I believe CBRC can give full play to my knowledge base, my abilities and my interests. That's why i want to work in CBRC.

4、Why do u want to be a regulator？

To be a banking regulator is my dream. My reason are as follow:

First of all, regulation has great influence on the stability and development of financial system. Its importance is widely acknowledged especially after the financial crisis happened in 2008.I want to contribute my strength in this great undertaking.

Secondly, through six years learning, I have a good grasp of financial theories and economic knowledge . So I want to put what I learned in school into practice. Besides I have internship in commercial bank. It enables me to understand the basic business scope of banking institution.

Last but not least, I'm interested in banking regulation. Just as the saying goes" Interest in the best teacher." I will enjoy myself in being a regulator.

To sum up, I believe being a regulator can give full play to my knowledge base, my abilities and my interests. That's why i want to work in CBRC and be a regulator..

5、If you enter the CBRC, how would you perform your work

If I luckily have the chance to enter CBRC, i would perform my work as follows:

First of all, try to understand the working situation of CBRC, including rules, regulations, business processes, work style, interpersonal relations and so on. Thus I can have a clear understanding of my work and responsibility and suit myself quickly in CBRC.

Secondly, as a new employee with little experience, I should be modest and diligent, learn from my supervisor, colleagues.Strengthen the communication skills and ask for help if necessary. I will accept their suggestions and criticism.

Last but not least, don't afraid to take responsibilities. Think well before making actions and ask for help if necessary. Cherish every opportunity to improve myself and take care of every task leader gives me. If i have done something wrong, admit the error bravely and learn from the mistakes.

To sum up, as a new employee, I should be modest, diligent and hard-working in order to perform task well and win the trust of my leaders and colleagues.

6、银监局的工作与你所学内容之间的关系（你的专业知识对今后工作的帮助）

Through six years learning, I have got a good grasp of financial theories and economic knowledge. This expertise knowledge will facilitate my future work.

On the one hand, I will put what i learned in school into practice. It helps me understand my

work deeply and learn the new knowledge from practice.

On the other hand, the economic theory always teach me to keep the cost and profit, the risk in mind. It teaches me how to analyze problems logically and rationally. I think this is of special importance to bank regulators.

7、银监工资待遇不高，为什么来

Payment is one of the factors to consider in job-hunting, but it is not the most important one.

I'm looking for a job being meaningful and important which can incorporate both my education and practical work skills. Being a regulator in CBRC is the best choice for me .

First of all, CBRC is specialized in banking supervision and regulation. It has great influence on the stability of banking institutions and the sound development of our financial system. I want to contribute my strength in this great undertaking.

Secondly, through six years learning, I have got a good grasp of financial theories and economic knowledge . The work in CBRC can put what I learned in school into practice.

Last but not least, I'm interested in banking regulation. Just as the saying goes" Interest in the best teacher." I will enjoy myself in being a regulator.

That's why i want to work in CBRC and be a regulator..

8、如果你要做一个监管项目，需要相关数据，并且要求提供准确的结果，步骤是什么。 The accuracy of the data is the starting point and destination point of the investigation. In order to obtain accurate data, I will carry out investigations as follows:

Firstly, according to the survey purpose and requirements, I will make proper investigation plan, including the time, place, matter, and participants and other details.

Secondly, after the agreement of the leader, I will conscientiously implement the personnel division of labor.

Thirdly, in the progress of investigation, I will apply a variety of survey methods, such as questionnaires, face-to-face interviews, online open for comments. During the process if there should encounter any problem, i will solve them timely to ensure that the investigation work carried out smoothly

Last but not least, after the survey, I will analyze the data scientifically, both qualitatively and quantitatively. And finally I will accomplish the the survey report for the leadership review.

9、如果你和同事对一件事情有不同的看法，如何达成一致

It is a very common phenomena in work. Every one is unique. We have different knowledge base, different ways of thinking, different experience. And i believe this is a good phenomena. It proves that we work hard and we try to reach a better result.

When we have different opinions in the work, firstly, try to accept it with an open heart and listen to it with careful ears.

Secondly, analyze these idea according to cost and benefits to see which one is better.

Finally, after proper analyze and compare, judge which one is better and make the decision.

I belive through effective listening , communication and analyze, we can finally come to a conclusion and reach a better solution.

10、你认为怎么成功完成从学生到工作的转换？

1. Clear objectives. The aim of students is to learn the basic knowledge. And aim of employee is to achieve business goals. The clear aim will help me converting from student to work smoothly.

2. Communication. I will communicate with other colleagues, to learn from experienced staff, share my ideas with others.

3. Team sprit. I will work with my team member, help each other, exchange of needed goods.

经济类：

1、what is the goal of monetary policy?

Monetary policy refers to a set of policies took by the central bank to control the supply of money and interest rates. In the short term, the goal of monetary policy is to control the currency value and interest rates. In the long term , the goal of monetary policy can be concluded as: First, fight inflation and deflation thus to keep the price index stable; Second, keep international payments balanced, don't make it too strong or too weak. Last but not least, the monetary policy is committed to promoting low unemployment and high economic growth.

2、what monetary policies the central bank usually take?

Monetary policy refers to a set of policies took by the central bank to control the supply of money and interest rates for the purpose of promoting economic growth and stability. Monetary policy can be divided into two types, expansionary or contractionary。

The first type is expansionary monetary policy. It increases the total supply of money in the economy more rapidly than usual. Expansionary policy is traditionally used to combat unemployment in a recession by lowering interest rate. Lower interest rate can stimulate investment and easy credit will entice businesses into expanding. Thus, it helps the economy get out of recession.

The second type is contractionary monetary policy. It expands the supply of money more slowly than usual or even shrinks it. It is intended to slow inflation in the hopes of avoiding the distortions and the loss value of assets. Its goal is to prevent overheated growth.

3、What monetary tools the central bank usually take？

Monetary tools took by the central bank can be divided into two types, the ordinary tools and the selective tools.

The first type is the ordinary tools. It includes the deposit reserve ration, the rediscount rate, open market operation. These three tools are also called the three magic weapon. The second type is the selective tools. It includes the credit control on consumers, stock market, real estate, the preferential interest rate, the window guidance and moral suasion. These monetary tools are used by central banks to implement monetary policy in order to ensure the stability and sound development of our national economy.

4、国际金融危机对哪类企业影响最大，如何影响

In my opinion, the international financial crisis has the greatest impact on the small and medium sized enterprises specialized in exports. Reasons for this can be concluded as follow:

Firstly, Small and medium sized enterprises rely heavily on external demand. Since the

outbreak of financial crisis, the import demand of European and USA economies shrink seriously, leading to reduced orders.

Secondly, small and medium sized enterprises' have weak competitiveness and low innovation capacity. The exports they produce are labor-intensive and can be easy copied. They have no proper mechanism to resist risks when demand shirks and cost goes up. Lastly, SME have difficulties to get financing from market and commercial banks which exacerbates the situation.

In order to soften the negative effect caused by financial crisis, we should increase domestic demand, urge SME to speed up transformation and upgrading and provide proper credit to support their development.

5、国际金融危机对中国的影响（欧债危机对我国的影响）

The globe financial cirsis has diverse impact on our national economy. The influence can be concluded as:

Firstly, financial crisis affects China's exports through trade channel. The external demand of European and USA economies shrink seriously, leading to reduced orders. Besides the worldwide economic slowdown may lead to trade protectionism which makes a much more difficult situation for the export enterprises.

Secondly, financial crisis affects capital inflows through financial channel. It increases global risk aversion, capital inflows will decline.

Thirdly, financial crisis affects capital markets through the confidence channel. It increases the uncertainty about the future thus discourage the investment, which can be reflected by the stock market.

Last but not least, financial crisis causes the loss value of China's foreign currency reserve assets.

In order to soften the negative effects caused by financial crisis, we should increase domestic demand, speed up transformation and upgrading and strengthen the capacity to resist risk.

6、wto对于发达国家，发展中国家的不同作用

The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.

WTO plays different roles in developed countries and developing countries.

Firstly, for developed countries, by their strong power and status in WTO, they can make trade rules and regulations more beneficial to their own interests. Thus, developed countries can fully enjoy the cheap goods and services from the developing countries and export more high-tech goods to the developing countries.

Secondly, for the developing countries, entering WTO is a double-edged sword. From the sight of exports, they can enjoy certain rights in WTO such as the Generalized System of Preferences. From the sight of imports, WTO makes their market more competitive which will urge the domestic enterprises become more efficient. The negative effect to participate WTO is that they may hurt by the trade protectionism and their national industry may be challenged. In my opinion, the benefits overcome the harm

which can be proved by the ten golden years happened in China since we entered the WTO.

7、入世十年对中国产生的影响

Since our accession to the WTO in 2001, China has actively participated in the globalization process and made remarkable achievements in foreign trade, foreign capital utilization and international economic cooperation. Remarkable achievements can be concluded as follow.

Firstly, in trade aspects, China's foreign trade volume goes up from sixth place in 2001 to second place in 2010. China becomes the greatest exporter and the second-biggest importer.

Secondly, foreign investment achieves comprehensive improvement in scale and quality. China has become the second largest foreign investment recipient country in the world. The focus has been shifted from scale and speed to quality and efficiency. The means have been diversified as well.

Thirdly, outbound investments and international economic cooperation increased continuously. They are playing positive roles in promoting China's stable and relatively rapid economic development.

Last but not least, the socialist market-oriented economic system has been greatly improved during the ten years.

In the future, China will continue to implement the mutually beneficial and open strategy and further raise the level of the opening-up.

8、这次金融危机与监管者有没有关系

One of root causes of financial crisis happened in 2008 is lack of effective financial regulation which can be concluded as follow:

Firstly, it lack of effective financial regulation aimed at investment banks, finance companies and mortgage dealers. These financial institutions took this opportunity to use new derivatives to purse high profit.

Secondly, it lack of effective regulation to financial innovation. Derivatives belong to virtual sectors of the economy, financial product innovation and development can not be divorced from the needs of the real economy, otherwise, there will be a bubble economy, and ultimately harm the development of the real economy

Thirdly, it lack of effective financial regulation of senior executives of financial institutions. Their decision-making is directly related to the stability and development of financial system.

Fourthly, it lack of effective regulation to credit rating agencies. The wrong information they give misguided consumers and cause huge losses to investors.

Last but not least, lack of coordination between financial regulators, leads to failure of financial supervision.

We should learn from the financial crisis and steadily promote the reform of the financial regulatory system to better meet the demands of economic development.

9、入世后中资银行所面临的三个最主要的问题,该如何面对和解决？ Accession to WTO poses great challenges to Chinese banking industry.

Firstly, it put forward higher requirements of the bank's management, internal control and risk prevention.

Secondly, market competition becomes more fierce. Both foreign banks and Chinese banks compete for high-quality customer resources and financial talents.

Thirdly, it urges Chinese banks to accelerate financial innovation to meet the demands of internationalization

Facing these problems, the domestic banks should take the following measures. First,we should learn from the advanced experience of the oversea banks. Change the business philosophy from product-oriented to customer-oriented. Second, Improve the bank's corporate structure, internal control system as well as the risk mechanism in accordance to the principle"safety, liquidity and yield" . Third, strengthen financial innovation to meet the needs of modern banking, in order to attract customers of high quality. Fourth, Strengthen human resources management to attract financial professionals and talents. Last but not least, we should increase the exchanges and cooperation between Chinese banks and foreign banks and maintain the sound development of banking industry in China.

10、入世十年对中国金融业的影响

After China's accession to WTO, China's financial sector has achieved significant progress which can be concluded as follow: First, China's financial markets, financial institutions and financial system become more market-oriented and institutionalized The market price mechanism has gradually become the basis of the allocation of financial resources. Second, a modern corporate governance mechanism has been established in China's financial sector as well as the internal control system and risk prevention system.

Third, the asset size, the operating mechanism and results of China's banking industry are gradually narrowing the gap with the international financial industry. The financial services have been diversified to meet the demand of globalization.

Fourth, China's financial sector becomes more internationalized, which can be reflected ,not only in the introduction of foreign financial institutions, but also in the go out of China's financial institutions to "go out", as well as RMB internationalization.

Last but not least, we have built an effective financial supervision system to protect the sound development and stability of financial system according to Basel agreement.

In short, the ten years after accession to WTO has seen the rapid development and prosperity of China's financial industry.

11、入世十年对中国银行业的影响

After China's accession to WTO, China's banking sector has achieved significant progress which can be concluded as follow:

First, China's banking industry become more market-oriented and institutionalized. The market price mechanism has gradually become the basis of the allocation of financial resources.

Second, a modern corporate governance mechanism has been established in China's financial sector as well as the internal control system and risk prevention system. .Third, establish a modern banking supervision system, improve the professionalism and effectiveness of supervision to protect the financial security and stability.

Fourth, China's financial sector becomes more internationalized, which can be reflected ,not only in the introduction of foreign banking institutions, but also in the go out of China's banking institutions to "go out" Last but not least, we have built an effective financial supervision system to protect the sound development and stability of financial system according to Basel agreement.

In short, the ten years after accession to WTO has seen the rapid development and prosperity of China's banking industry.

12、如何看待2011年股市

股市是“经济晴雨表”，是实体经济的反映。股市的良性发展，有利于企业募集资金，有利于公众分享经济发展的成果。

2011年股市，A股十年零涨幅，80%的股民亏损，主要反映了以下几方面的问题：

1、反映世界经济复苏放缓，我国经济增长速度趋缓，暴露出市场对于经济发展前景的担忧

2、证券市场的新股发行制度不完善，重融资轻分享，公司治理结构不健全等诸多体制性问题

3、证券市场的监管不利，暴露出很多公司丑闻。

引导股市走上良性的发展道路，我们应采取以下措施：

1、进一步完善股市发行制度，把握好新股发行的节奏和力度

2、规范上市公司的运行，完善法人治理结构，促进经营管理水平的提高

3、加强证券市场的监管，打击内部交易，加强信息披露，为股市发展提供良好的发展环境，提振公众信心

4、放开养老基金、社保基金投资A股的门槛，为股市注入新鲜的血液

The stock market is a barometer of the economy, a reflection of the real economy. The sound development of the stock market, will help the enterprises to raise funds, the public to share the fruits of economic development.

The stock market in 2011 is a tragedy, the index of A-share falls heavily and 80% of the investors suffer from the loss, which reflect the following aspects:

Firstly, it reflects the slowdown of the economy, both domestically and worldwide, exposing that the market worries about the prospects for economic development.

Secondly, it reflects the imperfection of the stock market system, especially the IPO, emphasizing on financing, neglecting on sharing.

Last but not least, the regulation of the securities is not effective, exposed a lot of corporate scandals.

In order to guide the stock market on a healthy path of development, we should take following measures:

Firstly, we should further improve the stock market and distribution system, and grasp the rhythm and intensity of the good new shares issued.

Secondly, further improve corporate governance structure of the listed companies as well as the management.

Last but not least, we should strengthen the supervision of securities markets, to combat insider trading, to improve information disclosure, and provide a good development environment for the development of the stock market, and boost public confidence

12、欧债危机的起源，对中国的启示

欧债危机发生的原因是多方面的，主要有：

1、欧元是非主权货币，货币体系与财政体系没有进行良好的对接

2、欧元区国家经济发生不平衡，法国、德国、希腊、爱尔兰经济差异比较大，货币同盟的一个前提条件就是区域内国家的经济发展水平相似

3、欧元区国家普遍高福利，造成了巨额的财政赤字

4、虚拟经济过度繁荣，脱离实体经济发展，造成产业的空心化

对中国的启示：

1、改善民生，加强社会保障，要与国情相符合，循序渐进，不可一味追求高福利

2、财政政策与货币政策要相互配合

3、推动城乡一体化发展，减少东西部之间的差距

4、坚持金融支持实体经济发展，合理引导资金流入实体经济，促进实体经济的又好又快发展

The causes of European debt crisis can be concluded as follow:

Firstly, Euro is a non-sovereign currency. Its monetary system and financial system are not matched with each other.

Secondly, the economies of Euro zone are not balanced. There are large gaps between France, Germany and Greece, Iran. The prerequisite of the monetary union is the economies inside are similar to each other.

Thirdly, the euro-zone countries generally have high welfare, resulting in a huge budget deficit Last but not least, the virtual economy develops over prosperity. And it is deforced from the real economy, resulting in the hollowing out of industry

Implications for China:

1、Fiscal policy and monetary policy should complement each other

2、To promote integrated development in urban and rural areas. To reduce the gap between eastern

and western regions.

3、While improving people's livelihood, the social security should be consistent with national conditions, step by step, not the blind pursuit of high welfare

4、Adhere to the financial should support for the development of the real economy. Guide the funds flow into the real economy, to promote the sound and rapid development of real economy.

13、如何提升银行的服务质量

1、转变经营理念应以客户为中心，而不是产品为中心

2、加强雇员的培训，提高操作能力，改善服务态度

3、实行科学合理的考核制度，将服务质量囊括进去，让客户评价质量

4、改善营业网点的环境，让客户更加舒适

How to improve the quality of banking services?

1、Changes the business philosophy of customer-centric rather than product-centric.

2、Emphasis on employee training, both the operating capacity and the service attitude.

3、Implement the scientific and rational evaluation system to include quality of service, and allow customers to evaluate quality

4、Improve the environment of the outlets to make customers more comfortable

About CBRC

China Banking Regulatory Commission

The main functions of the CBRC 银监会主要职能

Formulate supervisory rules and regulations governing the banking institutions;

依照法律、行政法规制定并发布对银行业金融机构及其业务活动监督管理的规章、规则； Authorize the establishment, changes, termination and business scope of the banking institutions; 依照法律、行政法规规定的条件和程序，审查批准银行业金融机构的设立、变更、终止以及业务范围

Conduct on-site examination and off-site surveillance of the banking institutions, and take enforcement actions against rule-breaking behaviors;

对银行业金融机构的业务活动及其风险状况进行现场检查，非现场监管，处置违规行为 Conduct fit-and-proper tests on the senior managerial personnel of the banking institutions; 对银行业金融机构的董事和高级管理人员实行任职资格管理

Compile and publish statistics and reports of the overall banking industry in accordance with relevant regulations:

负责统一编制全国银行业金融机构的统计数据、报表，并按照国家有关规定予以公布

Provide proposals on the resolution of problem deposit-taking institutions in consultation with relevant regulatory authorities; 与相关监管机构共同协商处理有问题的存款机构

Responsible for the administration of the supervisory boards of the major State-owned banking institutions; and Other functions delegated by the State Council;

负责国有重点银行业金融机构监事会的日常管理工作；承办国务院交办的其他事项

The supervisory focuses of the CBRC

Conduct consolidated supervision to assess, monitor and mitigate the overall risks of each banking institution as a legal entity;

必须坚持法人监管,重视对每个金融机构总体风险的把握、防范和化解;

Stay focused on risk-based supervision and improvement of supervisory process and methods; 必须坚持以风险为主的监管内容,努力提高金融监管的水平,改进监管的方法和手段; Urge banks to put in place and maintain a system of internal controls:

必须注意促进金融机构风险内控机制形成和内控效果的不断提高:

enhance supervisory transparency in line with international standards and practices��

必须按照国际准则和要求,逐步提高监管的透明度

The regulatory objectives of the CBRC银监会监管的工作目的

a. Protect the interests of depositors and consumers through prudential and effective supervision;通过审慎有效的监管,保护广大存款人和消费者的利益

b. Maintain market confidence through prudential and effective supervision;通过审慎有效的监管,增进市场信心

c. Enhance public knowledge of modern finance though customer education and information disclosure;通过宣传教育工作和相关信息披露，增进公众对现代金融的了解

d. Combat financial crimes.努力减少金融犯罪

The supervisory and regulatory criteria of the CBRC 银监会的监管标准

b. Promote the financial stability and facilitate financial innovation at the same time;良好监管要促进金融稳定和金融创新共同发展

b. Enhance the international competitiveness of the Chinese banking sector;要努力提升我国金融业在国际金融服务中的竞争力;

c. Set appropriate supervisory and regulatory boundaries and refrain from unnecessary controls;对各类监管设限要科学、合理,有所为,有所不为,减少一切不必要的限制

d. Encourage fair and orderly competition;鼓励公平竞争、反对无序竞争

e. Clearly define the accountability of both the supervisor and the supervised institutions; 对监管者和被监管者都要实施严格、明确的问责制

f. Employ supervisory resources in an efficient and cost-effective manner.要高效节约地使用 一切监管资源

金融词汇：

审慎经营规则 prudential management rule

风险集中 risk concentration

资产流动性 liquidity of asset

损失准备金 loss reserve

存款人 depositor

银行业金融机构 banking institution

现场检查 on-site examination

非现场监管 off-site surveillance

监事会 supervisory boards

风险监管 risk-based supervision

内部控制 a system of internal controls

审慎有效的监管 prudential and effective supervision

信息披露 information disclosure

金融犯罪 financial crisis

民间借贷 private lending

影子银行 shadow banking

敏感性分析 sensitivity analysis

压力测试 stress testing

情景分析 scenario analysis

关键风险指标 key risk indicators，KRIs

间接融资 indirect financing

巴塞尔委员会 the Basel Committee

巴塞尔协议III Basel III

资本充足率 capital adequacy ratio

杠杆率 leverage ration

流动性 liquidity

贷款损失准备 loan loss provisions

系统性风险 system risk

逆周期宏观审慎监管要求 countercyclical macroprudential regulatory requirements 政策性银行 policy bank

国有商业银行 State-owned commercial bank

股份制银行 joint stock commercial bank

中国邮政储蓄银行 the Postal Savings Bank of China

信托公司 tthe trust companies,

企业集团财务公司 enterprise group finance companies

金融租赁公司 financial leasing companies

国际活跃银行 internationally active banks

系统性重要银行 systemically important banks

基础货币 monetary base

存款准备金率 deposit reserve ratio

再贴现再贷款 rediscount rate

公开市场操作 open market operations

优惠利率 preferential interest rate

窗口指导 window guidance

道义劝告 moral suasion

违规概率 PD，probability of default

违规损失率 LGD，loss given default

违约风险暴露 EAD， exposure at default

期限 maturity

《第三版巴塞尔协议》确立了微观审慎和宏观审慎相结合的金融监管新模式，大幅度提高了商业银行资本

监管要求，建立全球一致的流动性监管量化标准，将对商业银行经营模式、银行体系稳健性乃至宏观经济运行产生深远影响。

Basel III has established a new financial regulatory model with combination of micro-prudence and macro-prudence., which greatly increased the capital regulatory requirements for commercial banks, and to establish globally consistent quantitative standards for liquidity supervision will have profound impacts on the business model of commercial banks, stability of the banking system and even the macroeconomic operation.

推动中国银行业实施国际新监管标准，增强银行体系稳健性和国内银行的国际竞争力

push forward China's banking sector's implementation of the new international regulatory standards, enhance the stability of the banking system and the international competitiveness of domestic banks 借鉴国际金融监管改革成果，根据国内银行业改革发展和监管实际，构建面向未来、符合国情、与国际标准接轨的银行业监管框架，推动银行业贯彻落实“十二五”规划纲要，进一步深化改革，转变发展方式，提高发展质量，增强银行业稳健性和竞争力，支持国民经济稳健平衡可持续增长。

We shall draw on international achievements in the reform of financial supervision, establish a regulatory framework for the banking sector which faces the future, complies with national conditions and meets international standards according to the reform and development as well as regulatory actualities of China's banking sector, push forward the banking sector's implementation f the outlines of the “Twelfth Five-year Plan”, further deepen the reform, transform the development pattern, improve the quality of development, and enhance the stability and competitiveness of the banking sector to support the stable, balanced and sustainable growth of the national economy.

宏观审慎监管与微观审慎监管有机结合。统筹考虑我国经济周期及金融市场发展变化趋势，科学设计资本充足率、杠杆率、流动性、贷款损失准备等监管标准并合理确定监管要求，体现逆周期宏观审慎监管要求，充分反映银行业金融机构面临的单体风险和系统性风险

Dynamic combination of macroprudential regulation and microprudential regulation. We shall take into overall consideration China's economic cycles and trends in developments and changes in the financial market, scientifically set capital adequacy ratio, leverage ratio, liquidity, loan loss provisions and other regulatory standards, and reasonably determine regulatory requirements, which reflect countercyclical macroprudential regulatory requirements and fully reflect single risks and system risks the banking financial institutions are facing. 支持经济持续增长和维护银行体系稳健统筹兼顾。银行体系是我国融资体系的主渠道，过渡期内监管部门将密切监控新监管标准对银行业金融机构的微观影响和对实体经济运行的宏观效应，全面评估成本与收益，并加强与相关部门的政策协调，避免新监管标准实施对信贷供给及经济发展可能造成的负面影响 Taking into consideration both supporting the continuous economic growth and maintaining the stability of the banking system. The banking system is the main channel of China's financing system. During the transition period, regulatory authorities shall closely monitor the new regulatory standards' micro-impacts on banking financial institutions and their macro-effects on the real economy, comprehensively assess costs and earnings, and strengthen coordination with

the relevant departments in respect of policies to avoid negative impacts that may be caused by the implementation of the new regulatory standards on the supply of credit and economic development.

Inflation

In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index (normally the Consumer Price Index) over time. Inflation has positive effect and negative effect.

The positive effects include ensuring central banks can adjust nominal interest rates (intended to mitigate recessions), and encouraging investment in non-monetary capital projects.

The negative effects of inflation can be concluded as follow. First of all, inflation lead to the loss of saving accounts and investment because of reduced values in currency. Thus, it transfer wealth from the creditor to the debtor. Secondly, inflation makes daily living harder. As money loses value, so do wages, pensions and investment. The prices goes up, we can buy fewer goods than before. Last but not least, inflation increase the uncertainty about the future thus discourage the investment.

Fighting inflation has been the main traditional goal of monetary policy.

Interest Rates

Keeping interest rates stable is a important goal of monetary policy. A balance must be struck between the desire of investors to see a large return on investment with higher interest rates with borrowers who want low interest rates on loans. Striking a balance between these two interests is important for monetary policy because both promote economic growth, savings and investment.

Balance of Payments

If a specific currency gains in value relative to its neighbors, goods from that country, when sold abroad, will be more expensive. As the value of the currency falls, the competitiveness of goods from that economy become more competitive abroad. Again, a balance must be maintained between these two poles: a strong currency that speaks to low inflation at home, and a weak currency that might boost international sales. As a specific currency falls in value, the debts incurred in that currency also fall in value. Therefore, a currency that is too strong might make international debts that much higher.

Monetary policy differs from fiscal policy, which refers to taxation, government spending, and associated borrowing.