The Research On The Performance Of Banking Marketization In China

The tide of economic and financial liberalization has swept over most countries in Latin America and Asia since 70's last century. China began to carry out marketization reform of economic and financial sectors including banking since 80's. In all these background, the paper tries to solute two questions as below: what performance has China get from marketization reform of banking? What restrict the performance maximizes? Constructing the relevant theory frame on microcosmic and macrocosmic side, the paper attempts to find out the answers, and offer the police advices for banking marketization reform in China.After explaining the connotation of performance, the paper supposes that the evaluating system of banking marketization should contain banks, corporations and government, among which there are some close logistic relations. Banking marketization reform will change banks' market structure, property right and market police, all these changes will affect bank's performance and corporations' finance cost, which will have something to do with economic growth and financial fragility ultimately. The research from the third to the eighth part of the paper is base on this logic.With the help of Panel Data model, the paper demonstrative researches the performance of banking marketization reform in China. As a whole, the conclusion is that banking marketization has improved the efficiency of finance allocation on a certain degree, accelerated economic growth and alleviated financial fragility. Institution environment and supervision ability is the main factor that holds back China to gain maximum performance from banking marketization reform. Consequently China should pay much attention to construct a better environment while carrying out banking marketization reform gradually.