Study On The Financial Valuation Index Of The Markted Corporation On The Growth Board

Started with the analysis on liabilities, assets, intermediate services and off-balanced services of Chinese commercial banks, their current situations, developing trends, present problems and contributing causes are researched systematically. Both the subjective and objective factors that will hinder their development after China's accession to the WTO are disclosed deeply in the article. Finally, the macroscopic and microcosmic tactics are proposed onthe.basis of the analysis above mentioned.(1) From the comparison of the statistics of over the past ten years between Chinese commercial banks and foreign commercial banks, it can be concluded that although Chinese commercial banks have make great progress, they have fallen behind the commercial banks of developed countries with their shortage in services variety and poor creativity. The single income source, the backwards service manners and methods have been the great obstacles for the development of Chinese commercial banks and they have also been the key factors which result in poor bank liquidity, profitability and competitive ability.(2) After China's entry into the WTO, the factors, which hinder the development of Chinese commercial banks, include not only the objective factors in financial system, but also the subjective factors in Chinese commercial banks. It is imperative to take reasonable countermeasures from macroscopic and microcosmic aspects .The macroscopic tactics means the countermeasures adopted by the nation, such as accelerating the pace of reform in financial system in accordance with the trend of the world financial industries, providing an equal competitive environment for Chinese banks. The microcosmic tactics means the concrete countermeasures adopted by Chinese commercial banks according to the actual conditions. The macroscopic tactics are the general orientation and the microcosmic tactics pay more attentions to the practicability and flexibility. They are influenced each other and can not be separated one from another.(3) From the macroscopic aspect, in order to make Chinese banks compete with foreign banks under the equal conditions, the nation should accelerate the pace of reform in financial system, such as the shareholding reforms of state-owned commercial banks, the market-oriented reforms of interest rte system, etc. China should break through some so-called forbidden zones, for instance, implementing mixed management in financial services .The reforms should be conducted test it selected points, carried out in line with local conditions and put into practice step by step. It is harmful to implement the financial reforms according to the same model.(4) From the microcosmic aspect, Chinese commercial banks should change their traditional ideas, for example, the ideas "all services are for the deposit ". It is essential for Chinese commercial banks to develop innovative services, and improve their profitability to meet the challenges brought by the WTO.