Asset securitization in China has entered a stage of professional and innovative development, according to insiders. Chinese Research Institute of Asset Securitization was founded in Beijing on Monday.
Experts note that the institute will conduct professional activities in an all-around manner to provide solutions for government and promote the development of asset securitization.
However, China's asset securitization market will face many obstacles which can not be overcome by relying on single industry or enterprise. Hence, it is necessary to introduce fair and professional institutions to participate in its promotion, say experts.
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