One the other hand, in the past few years, many financial institutions are offering cross-sector and cross-market products; financial share-  BIS Review 147/2010  1  holding companies have established complex internal structures and moved into diversified businesses; new-type of financial institutions are heavily involved in the financial market activities.
Given China’s domestic situation, the stability of the financial system and macroeconomic policies are directly related. Due to the large share of bank credit in total financing, there is a close relationship between fluctuation of credit supply and economic cyclical change on one hand and systemic financial risks on the other.