image
Advance Search      RSS
image
Register | Subscribe
Home
Nation World Business Science/Technology Photo Gallery Arts & Culture 2008 Olympics Health
Print Edition
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Business Category
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Arts & Culture
Expat's Eye
Health
Science/Technology
The Good Life
Books
Movies
Backgrounders
2008 Olympics
Photo Gallery
Blogs
image
Reader's Service
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links
· China.org.cn
· Xinhua News Agency
· People's Daily
· China Daily
· China Radio International
· CCTV
· CHINAFRICA
Home> Web> Hong Kong> A Decade to Remember -10th Anniversary of Hong Kong's Return to China> Famous Hong Kong Faces on the Mainland
UPDATED: June-21-2007 NO.25 JUN.21, 2007
Stock Market Iron Lady
By LI LI

Laura Cha was appointed by the Central Government as vice chairwoman of the China Securities Regulatory Commission (CSRC) in early 2001 and served in the post until 2004. She was the first person outside the mainland to join the Chinese Government at the vice-ministerial rank. Her efforts were focused on improving the corporate governance of Chinese listed companies and the process of public issuance of shares in China. She is currently the vice chairwoman of the International Advisory Council of the CSRC.

Before joining CSRC, Laura Cha spent 10 years with Hong Kong's capital markets regulator, the Securities and Futures Commission, and was appointed deputy chairwoman in 1998. On her appointment, her public service experience in regulating Hong Kong's capital market was highly valued, and helped her to rein in the emerging market on the Chinese mainland.

Cha believes that China's economic reforms and expansion into new markets will dramatically improve China's capital markets while at the same time aligning them with international standards. She has cited several driving forces for capital market development in China: a new economic growth model, the rapid growth of the private sector, the pressing need for pension reform, remarkable investor demand and China's entry into the WTO in 2001.

During her extended term, she has embarked on initiatives including regulating the behavior of controlling shareholders, setting up an independent director's system, strengthening information dissemination, promulgating a code of corporate governance for listed companies in China and facilitating reforms of the legal and accounting systems.



 
Top Story
- 2 Officers Detained amid Crackdown on Kiln Slavery
- Nationwide Labor Investigation into 'Brick Kiln Scandal'
- Official Says Environment Along Railway 'Effectively Protected'
- SEPA: Pollution Picture to Brighten This Year
- Famous Hong Kong Faces on the Mainland
More Famous Hong Kong Faces on the Mainland
- Stock Market Iron Lady
- Best Wuxia Author
- Mega-Star of Kungfu
- Fighter Economist
- A Hong Kong Hero
- First UN Leader from China
Most Popular
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved