Experts said the transfer of wealth management products through the operation of the credit scale space smaller, impact on bank credit expansion Statistics from relevant institutions show that last year the scale of financial products has been the issue of up to 7 trillion yuan, up more distinctly. However, new regulations by the silver letters and other measures of cooperation, the credit amount of wealth management products issued a sharp decline. The industry believes that, from this year's situation, this trend will continue. Shrinking the number of such products issued by financial products means that the scale of the operation of the transfer of credit are becoming increasingly small space, this will affect bank credit expansion. Financial products issued credit class was the size of credit control in many banks to avoid a very effective means, especially in the relatively strict credit controls in 2009. However, with such financial products have forced the issue of the surge in the number of continuous introduction of measures to regulate the CBRC. In August last year, the CBRC introduced measures to regulate bank letter of cooperation in business to provide bank account for financing the balance of class of business letter of financial cooperation in the proportion of business shall not exceed the balance of 30%, has exceeded the trust company should immediately stop carrying out the business until achieve the required ratio requirement. Since then, the introduction of credit assets, the transfer of new rules, clearly stated the transfer of the banking business of credit assets of financial institutions should have the authenticity of the principles of cooperation in this letter of credit bank transfer of business assets have a greater impact. The scale of financial products issued strong growth in 2010. Wealth of general interest, according to statistics, in 2010 there were 102 commercial banks to issue financial products 10 591 models, an increase of more than 40%; estimated issue size of up to 7.05 trillion yuan, an increase of as much as 30%. The data also show that in terms of product profitability, accusing him to be generally inferior to state-owned joint-stock banks and foreign banks, none of the four lines into the top ten earning power. Among them, the list of Hang Seng Bank ranked first in earning power, and China Everbright Bank and China Merchants Bank's rankings have slipped. Concern that the new regulations by the silver letters and other measures of cooperation in 2010, the number of credit issued class financial products dropped significantly. Pu Yi wealth statistics: 2010, 1702, issue of credit money products, accounting for 16.09%, of which the first half of 1293 issued credit products models, accounted for the 75.97% credit products. However, since the China Banking Regulatory Commission issued new bank letter of cooperation measures, the scale of these products took a significant decline from the first half of the average monthly decline in more than 200 to 10 balance, but the second half of a total of 409 models only released products. Correspondingly, the RMB bonds and foreign currency bonds issued amounted to 5653 models products, accounting for 53.43%. A market that, despite the wealth management products as credit has a "high return, low risk" and other advantages, in terms of market demand and product distribution Dengjun occupy a pivotal position, but in the trust's finance class the proportion of silver is not believed the products to balance reduced regulatory requirements, the distribution of such products is difficult to pick up. Zhengzhou People's Bank of China, Professor Wang Yong Training Institute that the monetary policy this year, the most important is to join forces, particularly in the central bank's policy co-ordination with the China Banking Regulatory Commission. From this perspective, some banks through various means to disguise the effectiveness of control measures against the practice will certainly have to be strictly regulated. He also said the transfer of wealth management products through the issuance of the credit scale, a substantial increase in foreign currency loans will be the focus of monitoring objects.