Influences Of WTO To Chinese Banks, And How To Deal With It

This article analynizes the challenges and chances of Chinese banks from all aspects,basing those ,givestrongemphasis on problems about refonnation and development.Point out basic ideas and ways of improve competition of Chinese banks.1. there are two basic principles about trade of financial services:the priciple about trade of financial services,the priciple of market entrance and the priciple of national treatment , they need every member state open their markets of financial service, give other member state reciprocaltreatment.2. after reformation member state bank made strong improvement .however,many problems exists.WTO will strong challenges to Chinese banks: first, strong competition on market customer ,then theee market of Chinese banks will go down.second , foreign banks are good at middle business and new business . third , is strong hunting on brsin ,many brains will be drained .forth , facing competition , taking advantages over foreign banks is difficult. fifth , it is difficult to improve domestic financial environment. sixth , WTO will bring new challenges to centre bank . But, hi long-term and from a whole , WTO will give very good chances to Chinese banks . it will improve the reformation of Chinese banks, improve joining of Chinesebanks international standard , improve the business to overseas, improve to bring forth new ideas , WTO is create a equal competitive environment.3. Chinese banks should welcome WTO actively Macroscopic level: Through reformation for the steadiness safety and development of finance . first of all, government and centre bank should reform their functions , to give equal and easy environment to Chinese banks . second , should improve modern reformation of Chinese banks' system , make Chinese banks joint international conention . third, put strong emphasis to cultivate cultural diversity of systems of financial market , give more space to the development of cultural diversity Chinese banks . firth , put storg dynamics on financial management , defend sovereignty and safety of financial . fifth , reform the operative model of Chinese banks , from deviding operation to blending . sixth , carry out international developmental strategy of commercial bank . for improve thee space to the development of Chinese bank.Microscopic level : commercial banks should do well every aspects to improve reformaation make business operation actively , adjust strategies should fight for market competition very actively. We need to : first , should improve reformation on internal structure , systems of personnel of wages, establish dynamic mansgementsysyems and competitive mechanisms . second , should give free rein to our strength , improve market competition . third , should adhere to " place people as the base of oue work", cultivate brain and remain brain . firth , should carry out the stratey of developing banks by technology and inovation . should ensure a susained and reasonably tapid development of banks . fifth , should strengthen the security of businesses ,diverse and dissolve the risk of finance . sixth , perfent supervise on internal management , ensure stable susained healthy development of Chinese banks .4. After the china'sentrance of WTO . there is bright future to Chinese banks. The competitive environment will be improved exetremly. The financial systems of Chinese banks will be perfected. Chinese banks will be the real "bank" Chinese banks will become financial shops which business is blended . and foreign banks will gain reciprocal treatment completely.