Analysis On China Investment Banking Sustainable Development

Investment Banking, as an emerging industry in China, plays a very important role in China's capital market development, state-owned enterprise reform and nation economy reconstructing.In its own development, however, China investment banking encounters lots of obstacles, which are arising from objective factors such as institution bondage, insufficient market as well as subjective factors such as operation similarity, unrigorous inner risk control.Based on the analyses of current China investment banking situations, this dissertation, under the guidance of sustainable development theory, combined normative analysis with positive analysis, as well as an introduction of enterprise strategic theory and core competence theory, put some suggestions about how China Investment Banking, under the open economy conditions, achieve sustainable development through strategic choice and capability cultivation. In addition, detailed analyses are given to the environment that China investment banking lies in.At the end of the thesis, the author attempts to put an elementary indicator system to measure and evaluate the state of China investment banking sustainable development. Structure of the thesis: the thesis is divided into nine chapters. The first two chapters analyze the realistic backgrounds and theory foundations that the subject relies on. The third chapter makes a brief presentation about investment bank's function and operation. The next chapter analyzes the problems that hinder China investment bank's sustainable development. The fifth chapter, combined with enterprise strategic management theory, illustrates the strategic choices that help China investment banking to achieve sustainable development. The sixth chapter, linked with core competence theory, makes an analysis of the competence that China investment band need to pursuit for its sustainable development. The seventh chapter, from macro and micro level, makes a detailed analysis to the support environment factors that are integrated parts in the industry development. The eighth chapter put an elementary indicator system to measure and evaluate the state of China investment banking sustainable development. The last chapter is the end words.The innovations of the thesis: apply the sustainable development theory to China investment banking development; make use of the theory methodology (subject, surrounding analysis and interaction between them) to put the basic approaches (strategic choice, core competence, support environment system construction, temperate exploitation to industry resource) that China investment bank need pay attention to for its sustainable development under the open economy; construct primarily an indicator system to measure and evaluate the state of China investment banking sustainable development.