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\
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 \
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 \
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