The ICBC has already established a shareholding company, and the value of domestic financial asset has been maintained and increased. Fifth, the opening-up of the financial industry is conducted in an all-around way, and international financial cooperation has been improved.
At the end of 2005, 25 foreign banks made equity investment in 20 domestic banks, and some foreign banks or investors invested in several banks. The number of cities that have been opened for RMB business has increased from 18 to 25. China has fully fulfilled its WTO commitment with respect to market access and business scope in securities and insurance sectors.