China to open renminbi business to foreign banks
中国拟对外国银行开放人民币业务
中国将对外资银行开放人民币业务

Foreign banks operating in China will have to incorporate within the country to offer bank cards and mass-market banking services in yuan, less than a month before the industry fully opens, according to new rules issued by Chinese regulators on Wednesday. The rules will take effect on December 11.
周三，根据中国政府颁布的新条例，在华营业的外资银行必须在人民币业务完全开放前一个月内组建公司，以此来开办人民币银行卡和大量的市场业务，这一规定将于12月11日开始实行。

根据中国政府周三颁布的新条例，在业务完全开放前一个月，在华运营的外资银行必须在当地注册称为法人，以此来经营人民币银行卡和大宗银行业务，新规定于12月11日生效。

Overseas lenders that don't incorporate locally must set aside two times as much capital, or 200 million yuan (US$25.4 million), as those that do, according to rules released November 15 on the Chinese central government's Web site. They also can't issue bank cards and can take only large deposits, limiting their ability to amass funds and grow through lending.
根据中国中央政府网站于12月15日发布的条例，外国银行若不在华注册成为法人，那他们必须保留原先两倍资金，或保留2亿人民币（2540万美元）。这些银行也不能发行银行卡，只可以接收大量的存款，这限制了他们通过贷款来进行集资和借助贷款成长的能力。

依照中国中央人民政府网站于11月15日发布的条例，未在华注册成为法人的银行必须保留双倍资金，或2亿人民币（约合2540万美元）。他们也不能发行人民币银行卡，只能处理大宗存款业务，限制他们通过信贷集资并扩大业务的能力。

Song Dahan, deputy director of the Legislative Affairs Office of China's State Council, said the regulations will protect the interests of depositors, and give the same treatment to both Chinese and foreign-funded banks.
中国国务院立法事务办公厅副主任宋大汗表示，颁布的新条例将保护存款人的利益，并对中资和外资银行给于同样的待遇。

国务院法制办公室副主任宋大涵表示，此条例将保护存款人的利益，对中资和外资银行一视同仁。

"Both Chinese and foreign-funded banks are required to be registered in China and locally incorporated so as to conduct the Renminbi service," he said on Thursday at a press conference in Beijing.
他在周四北京的记者招待会上称，“中资和外资银行必须在华注册，并在当地组建公司，这样他们才能开办人民币业务。”

他在周四北京的记者招待会上称，“中资和外资银行必须在华注册并成为法人，才能经营人民币业务。”

The regulations comply with the WTO rule, the principle of prudence and international common practice, he said.
他说，该法规符合WTO条款，谨慎性原则和国际惯例。

他说，该法规符合WTO条款，审慎原则和国际惯例。

set sth aside
1 to move sth to one side until you need it
2 to save or keep money or time for a particular purpose: She tries to set aside some money every month.
3 to not consider sth, because other things are more important disregard: Let’s set aside my personal feelings for now.
4 (law) to state that a decision made by a court is not legally valid: The verdict was set aside by the Appeal Court.