City, Zhejiang Province, the overall program of financial reform pilot area" clearly states: to encourage and support private capital to participate in the reform of local financial institutions, initiated the establishment of village banks or equity, loan companies, rural credit union funds in accordance with law, etc. new financial organization. Eligible small loan company restructuring for rural banks. The surface looks as if the provisions to encourage private capital to initiate the establishment of village banks, but the

CBRC had set up on the village bank must have a commercial bank holding and as the provisions of the main launch line did not cancel, so this "encouragement and support" became on the paper. The monopoly of private capital into the field in recent years has been the topic of stir-fried, the central government introduced the "36" as well as "new 36" and so on, but the monopoly areas for public funding is still indestructible, directly affect China's economic development prospects, until the Prime Minister ultimatum, this year it issued a document

various ministries on the implementation of the "new 36" Rules, the CBRC is no exception in this entitled "Implementation opinions on Encouraging and lead

to private capital into the banking sector," the states: the public funding must

not enter the banking restrictions separately. Support private enterprises to participate in the establishment of rural banks to initiate or increase their investment. Minimum stake of rural banks sponsored main line from 20% to 15% lower. But in this

seemingly

encourage private capital to enter the banking policy, the main launch line system has not been revoked. Establishment of private banks to break a monopoly of state-owned Chinese banks, for China's economic development has far-reaching impact, 10 years ago, represented by Xu Dianqing gang, had worked hard to set up private banks, but at the