David Lipton, the first vice president of the International Monetary Fund /a (IMF), said in Beijing 5 days ago that although China's economy is slowing down, it is still expected to achieve a growth of about 7.5% this year, "P" < a href= "//m.pmae.cn/news/index_c.asp".

However, he pointed out that due to the implementation of the reform, China's economic growth next year will probably slow down to around 7%.

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< p > "there is no need for the market to worry too much about the temporary slowdown in China's economy."

After the IMF Delegation concluded its consultations with China's fourth annual policy, Lipton said in an interview with reporters.

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< p > < < a href= > //m.pmae.cn/news/index_c.asp > > Chinese economy < /a > is growing steadily at a healthy speed.

Lipton said that although the growth rate has dropped compared with the previous period, the change of the figures is not important. The key is that China's steady economic growth expectations have not changed.

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< p >, and Lipton believes that the blueprint for deepening reform made by the Chinese Communist Party in the third Plenary Session of the 18th CPC Central Committee last November is pushing China's economic pformation. If these reform measures are implemented, they will ensure that China will achieve the fastest sustainable growth and continue to move towards the ranks of high-income countries.

"Quality growth is more important to the world's second largest economy."

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P exclusive reporter was informed that recently, the regulatory authorities issued the "opinions on vigorously promoting the development and innovation of the asset management industry (Draft)" (hereinafter referred to as "soliciting comments") to fund management companies such as fund companies.

According to the insiders, the effective implementation of a number of measures such as the relaxation of entry and improvement of the governance mechanism proposed by the draft will lay a solid foundation for the sustainable and healthy development of the industry in the future "a href=" //m.pmae.cn/news/index_c.asp "asset management /a".

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< p > sources said that the draft was proposed to relax access and build an open, inclusive and diversified asset management system.

We encourage all kinds of financial institutions and professionals to apply for asset management licences on the premise of meeting the requirements, and explore the establishment of an information management business license system that distinguishes between public offering and private placement.

In the policy of "one participation and one control" of the fund companies that the industry is more concerned about, the draft solicitation paper proposes to achieve "no limit on holding and equity participation".

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< p > up to now, the fund industry has not yet had a case of exit due to poor management. However, the source said that the draft solicitation proposed to establish an open, pparent, orderly and orderly licensing management system. In the future, the license exit mechanism will be improved. Some of the information management institutions that already have licences but do not expand their business will be allowed to rectify or even suspend their licences within a certain time limit, and encourage some of the poor management organizations to withdraw from the market by means of mergers and acquisitions.

In this regard, the industry believes that this policy is in line with the direction of industry development.

With the release of license plates and the increase in the number of companies, some companies may be in poor management. Moreover, the gold content of the fund licence has declined, and the demand for withdrawal may arise.

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< p > according to industry sources, the draft encourages the establishment of a flexible and effective governance mechanism.

First, equity incentive, it is expected to issue guidelines for employee stock ownership in the asset management industry, support management, investment research personnel and other business backbone shareholding or share dividend rights; two, in terms of organizational form, it will explore diversified fund forms, such as corporate system and limited partnership. Three, in terms of talent cultivation, it encourages the application of team investment management mode, and allows public offering and account fund managers to concurrently under full disclosure and fair trading.

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< p > in addition, the registration system of fund products is expected to be fully implemented and a market-based exit mechanism will be established.

Registration examination of fund products will be linked with regulatory enforcement. Illegal and dishonest agencies will be restricted to register for new products.

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