The South China Sea (SCS) difficulty has now arrived at a critical point. China ought to take the advantages of this opportunity to regulate its South China Sea strategy — to steer from a «unilateral win» formula to «multilateral win» method, in order to take lead in the problem-solving course of. This new method should drive the South China Sea downside-solving process to a faster track, in the method clearing out main obstacles to constructing a Southeast Asian hub for the 21st Century Maritime Silk Road (MSR). The ASEAN international locations imagine that China has change into increasingly assertive relating to the South China Sea subject over the past few years.We should strengthen financial regulation cooperation, encourage the signing of MOUs on cooperation in bilateral monetary regulation, and establish an efficient regulation coordination mechanism in the area. We should enhance the system of danger response and disaster administration, build a regional financial threat early-warning system, and create an change and cooperation mechanism of addressing cross-border dangers and disaster. We must always increase cross-border exchange and cooperation between credit investigation regulators, credit investigation establishments and credit rating institutions.It is vital to grasp new development alternatives and find effective means to overcome the difficulties and solve the problems. History supplies us a helpful source of wisdom for addressing in the present day's challenges. The land and maritime Silk Road over 2,000 years ago enabled folks from various international locations to defy nationwide borders and conduct commerce and friendly exchanges on camelback or service provider vessels.Zhejiang Yiwu's small commodities are sold overseas by the Silk Road. Overseas oil corporations from the Middle East additionally spend money on China and construct factories. Sooner or later, the elimination of trade obstacles and monetary change amongst nations, the «21st Century Maritime Silk Road» will promote the upgrading of free trade amongst countries alongside the route.