1. Therefore, "financial disintermediation"will urge the banks to develop innovation.

2. Disintermediation is increasing and consumers increasingly understand that they have to pay for value-added services.

3. On the one hand, disintermediation is a inevitable result which has been caused by development of capital market and economic entities' self-selection and has some laws.

3. try its best to collect and create good sentences.

4. Disintermediation is increasing and consumers increasingly understand that they have to pay for value-added services. Service fees are here to stay.

5. Although it was clear that a huge disintermediation was taking place, particularly in retailing, the speed of consumer adaptation was relatively slow.

6. Continued financial sector reform, and disintermediation, is essential in China's efforts to rebalance its economy away from a fixed-asset investment model towards domestic consumption and services.

7. Blogs have led to some disintermediation and a breakdown of the traditional advertising model where companies can skip over the advertising agencies and contact the customers directly themselves.

8. In such an environment, direct instruments have become increasingly ineffective, leading to inefficiencies and disintermediation.

9. EXAMPLE: Our manufacturing company will soon start to sell product directly to customers online, hoping this experiment in disintermediation will result in increased revenues.

10. Wilson Craig said "The eradication of the fixed workplace and the complete disintermediation of information. Doing away with major networks, newspaper".

11. So, a lot of people switched from savings accounts to REITs -that's called disintermediation.

12. On the other hand, because of particularity of economic environment, disintermediation in China's is not fully consistent with that in western developed.

13. As interest rates are increasingly determined by the market and financial disintermediation that develops in China, the traditional loan-led banking model is bound to change.