Study On The Efficiency Of Banking Market Structure In China

After two decades of reform and opening-up, china's banking industry has undergone the transformation from the ultimate monopoly of the People Bank of China, to the high degree monopoly of big 4 (big 4 refers to the four largest state owned commercial banks), then to the commercial reform of big 4 and the emergence of other non-state-owned commercial banks. The competition has been tremendously deepened thanks to the evolution of market structure. However, the commercial banks of our country is far behind those of developed countries on the whole in many aspects such as operation performance and market distribution efficiency. The most important and emergent problem we confronting is how to improve the efficiency of resource distribution and performance of banks as well as to construct the effectively competitive market structure for the banking industry.This article focuses on the effectiveness of market structure, applies the theories of market structure and market efficiency to take the research on the effectiveness of market structure of china's banking industry. In the process of research, I adopt some popular pragmatic analysis methods such as regression analysis and metrical analysis. And I combine abstract with embodiment; antitheses with induction; empiricism with regulation; characteristic analysis with quantity analysis in the article. This article analyzes the characteristics of banking industry functioning as the financial intermediate, puts the influence of banking industry on the entity economy into the analytic framework of the effectiveness of banking market, then proposes the measuring standards for the effectiveness of banking market structure. As to the pragmatic analysis of distribution efficiency of china's commercial banks, I involve the research with fields of various scales such as micro, macro and intermediate and educe the inefficiency of China's banking market.In conclusion, on the basis of former research, I further analyze the shortage of effectiveness of china's banking market from aspects such as scale , property right and institution.; and suggest some developing policies for the corporate governance,...