Investment Science

Author: Lang Rongshen Li Gu
Publisher:
Publish Date: 2000-02-01
Features: During the 1998 institutional reform of the State Council ministries and commissions, the People's Bank of China established a specialized department responsible for training and management—the Training Center. Its function is to oversee the qualification training for central bank staff and senior financial industry management personnel. Since then, training has been listed as an important task of the central bank, reflecting the philosophy of "people-oriented." Upon its establishment, the Training Center, following the instructions of the head office leadership, formed two research teams to conduct extensive and in-depth demand surveys on the training targets. The three-month survey results showed that after two decades of reform and opening-up, the knowledge and academic qualifications of central bank staff and senior financial industry management personnel had undergone encouraging changes, making significant contributions to the reform and development of China's financial industry. However, compared to the level of developed countries in the financial industry, there was still a considerable gap, and compared to the requirements of China's financial industry reform and development in the 21st century, there was still a long way to go. In an era of rapid advancement in knowledge and technology, everyone needs further education, and everyone needs retraining. During the survey process, central bank staff and senior financial industry management personnel urgently demanded retraining. The main content of the training was summarized as follows: macroeconomics and monetary policy, modern financial knowledge and skills, financial legal knowledge and related laws, bank accounting knowledge and analysis, the business management of various financial institutions, the application and security management of computers in banks, and foreign languages, among others. These training contents play a vital role in improving the quality of senior financial industry management personnel and cultivating high-level financial industry management talents. From February to August 1999, the Training Center organized multiple expert seminars on training needs and decided to compile seven training textbooks to meet the self-study, training, and examination requirements for candidates applying for positions under the approval system........