Research On The Development Of Non-stated Bank Industry In China

At present, the development of Chinese non-stated banks is not only a current hot topic in theory, but also a difficult issue in practice. Institution of Chinese banking is non-eqiulibrium state on the stage, which needs reforming institution of Chinese banking. The essence of reformation is to innovate in institutions of Chinese banking in all levels. In essence, the generation and development of non-stated banks in China is an important institutional innovation, which favors developing the non-stated banks and drives whole banking. Non-stated bank is a new conception, so definition of non-stated bank is not uniform in theory. There was a bone of contention on definition of non-stated bank among viewpoint of property rights structure, viewpoint of assets structure and viewpoint of administration structure. Up to the present, the bone of contention on definition of non-stated bank focuses on property rights mode and management rights mode. Advocators of property rights mode consider that both property rights of non-stated bank and management rights of non-stated bank should belong to non-government. On the other hand, advocators of management rights consider that non-stated bank should be defined by management rights, not by ownership structure. Summing up above viewpoints, and considering status quo of non-stated bank and research purpose of this thesis, the thesis defines non-stated bank from both broad sense and narrow sense. According to broad sense, non-stated bank is joint-stock commercial bank relative to stated bank. So, non-stated banks presently include jumped-up joint-stock commercial banks, urban commercial banks and rural commercial banks. On the one hand, the non-stated banks have appropriate corporate management structure and market-based operating mechanism. On the other hand, the non-stated enterprises increase the share of the non-stated banks gradually with the opening further of financial field. According to narrow sense, non-stated bank is joint-stock commercial bank that non-stated capital exceeds 50% of the shareholding equity of non-stated bank and has modern bank managing and risk counter measures institutions. This thesis adopts the broad sense definition according to research purpose, available statistic and so on. On the basis of defining to non-stated bank and non-stated bank industry, this thesis uses SCP and SWOT analysis framework and Case analysis on China Minsheng Banking CorporationIVLimited (CMBC or the Bank) to analyze the non-stated bank industry's development problem in China. SCP analysis framework is to analyze market structure, market behavior and market performance of the non-stated bank industry in China. SCP analysis mainly describes the development of non-stated bank industry's influence on whole Chinese banking with compare to stated banks. SWOT analysis framework is to analyze non-stated bank industry's strengths and weaknesses, opportunities and threats faced by non-stated banks. SWOT analysis framework is mainly used to study business administration and development. The purpose using SWOT analysis is to represent the non-stated bank industry's comparative advantage in China more clearly and it's opportunities and challenges brought by the environment it faces. Case study mainly analyze development course, inside control mechanism, products and institutional innovation and performance of China Minsheng Banking Corporation Limited. China Minsheng Banking Corporation Limited is a typical representative of non-stated banks in China. The case analysis aims at verifying instance and demonstration of several anterior chapters through the concrete analysis, and offering more concrete real example materials for making the non-stated bank industry's development strategic measure. On the above analysis, this thesis puts forward the way that we should remove institutional obstacles of non-stated bank industry's development and innovate all kinds of institution of non-stated bank industry to realize the sustainable development of non-stated bank industry in China. What's m...