英语翻译摘 要利率市场化是指金融机构在货币市场经营融资的利率水平.它是由市场供求来决定,包括利率决定、利率传导、利率结构

英语翻译
摘 要
利率市场化是指金融机构在货币市场经营融资的利率水平.它是由市场供求来决定,包括利率决定、利率传导、利率结构和利率管理的市场化.随着经济的全球化和国际资本流动规模的扩大,利率市场化已成为必然的发展趋势.我国正顺应这种形势,开放利率市场,实行利率市场化改革.我国的利率市场化的进程大体从1996年开始,尤其在2007年1月上海银行间同业拆放利率（Shibor）正式上线运行,中国利率市场化之路由此走出了标志性的一步.其中最关键的利率市场化存在于存贷款市场,而在这个领域,我国仍采取管制措施.
目前在我国金融领域正在推行的利率市场化改革,其影响首当其冲的是作为这一改革举措直接和主要作用对象的商业银行.而作为商业银行的巨头之一—-工商银行,不仅在效率、管理、创新、服务等方面面临严峻的考验,同时还要应对利率市场化带来金融环境引发的外在风险与内务经营引发的内在风险.对此,国家应为商业银行提供政策和监管方面的保障；同时工商银行还可以从优化资金结构,发展优质资产、建立存贷款管理体制、发展中间业务、,提高管理水平等方面入手,未雨绸缪,早作准备,以应对利率市场化的波动.
关键词：利率市场化；存贷款利率市场化；工商银行；信贷风险

Interest Rate refers to financial institutions operating in the money market interest rate financing.It is determined by market forces,including the interest rate decision,the interest rate transmission,management of interest rate structure and interest rate market.With economic globalization and the expansion of international capital flows,interest rate market has become the inevitable trend of development.China is in response to this situation,the open interest rate market,the implementation of market-oriented interest rate reform.Our process of marketization of interest rates in general since 1996,particularly in January 2007 Shanghai Interbank Offered Rate (Shibor) formally launched operation,the Chinese interest rate market out of the way this landmark step.One of the key interest rate market exists in the deposit and loan market,whereas in this area,our country is still to take control measures.China's financial sector is currently implementing market-oriented interest rate reform,bear the brunt of the impact of this reform initiative as a direct and major role in the object's commercial banks.As one of the biggest commercial banks - Industrial and Commercial Bank,not only in the efficiency,management,innovation and service,is facing a severe test,but also respond to interest rate market caused by the external financial environment brought about the risks and business caused by the House inherent risk.In this regard,the state commercial banks should provide policy and regulatory protection; while ICBC can also optimize the capital structure,the development of quality assets,the establishment of deposit and loan management system,the development of intermediary business,and improve the management level and other aspects,a rainy day,make early preparations to respond to fluctuations in market interest rates.
关键词:interest rate market; deposit and loan interest rate market; Industrial and Commercial Bank; credit risk