The Influences Of China's Entry Into The WTO To Chinese Commercial Banks And The Countermeasures Of The Minsheng Banking Corp

Banks,as the core element in the movement of the national economy,is widely recognized worldwide. Because China's banking industry is still lack of real market and internationalization,while after China's entry to WTO,especially the Financial Industry in the 21st century's,faces not only the traditional competition between peer banks,but also domestic competition,competition of quantity of service and price,and more server multi-competitions come from finance compan,ind non-finance company,domestic finance and foreign finance,online finano service and ordinary finance service nationwide. Meanwhile,the risk,which finance industry encounters,is expanding further. The risks that international finance faces are credit risk,interest risk,currency deflation risk,currency inflation risk,exchange rate risk,financial derivatives risk and politics risk. How to help China's banking industry face the WTO challenge,to reinforce its counteract risk ability,and to push it growing healthily and rapidly,is a significant theory and practical topic that we have to solve urgently. China Minsheng Banking Corp. is the first newly national joint-stock commercial bank in China that has private enterprises as its shareholders. Its administration structure,operation management mode and regulation are set up adapted to the need of WTO,but on some extent follow the traditional operation management mode of commercial bank. As a new type,private-running,small bank,after China's entry to WTO,how to counteract risk,to strengthen its internal force,to survive and to grow transnormally,become the focus and the practical topic of China and even the world.This text mainly discusses how commercial banks cope with challenges of the finance service agreement of WTO,considering commercial banks as the key field of national economy,gives a comprehensive analysis and evaluation of its operation. Moreover,it comparatively analyzes and evaluates the status and proportion of CMBC in the finance market. The preface briefly introduces the intention and the main point of the issue,the first chapter introduces and analyzes the finance service agreement of WTO and China's promise to it,the second chapter analyzes the impact of the increasingly challenges brought by foreign banks after WTO upon China' banking industry,while facing opportunities and challenges,forecasts the competition tendency of the banking industry after China's entry to WTO. Finally,the third chapter brings about the specific countermeasures of CMBC after WTO.In conclusion,the finance service agreement of WTO accommodates the present globalization tendency in economy. Impersonally,it helps Chinese banks to act positively. If CMBC appropriately uses the advantage of its mechanism,continuously strengthens the ability of its technology product innovation,it can grasp the opportunity through challenge,acquire fast progress by taking positive competitive strategy while facing future variation.