A Try Of Chinese-feature Financial System Innovation: Civilian Bank

The finance is the core of economy ,with the join of WTO, the financial industry is also further to be in line with world, melting into the financial globalization progress. At the end of 2006, the local financial market will open to the world completely, this will bring the unprecedented impact to our country .In present circumstances , we must accelerate the reform process of financial system ,opening in before opening outward. The reform of the state-owned bank was increasingly lift up the agenda, but the monopolization of the finance for long time makes the reform beset with difficulties. Under this situation, the financial system innovation is necessary. The civilian bank becomes the object of the research.The civilian bank has its existent necessity and rationality. It can break up the monopolization of the state-owned bank, make finance system perfect, and resources get install effectively."Compete make efficiency", competition will raise whole efficiency of the banking .Face the foreign bank's challenge , the civilian bank can also rise the function of buffer, occupying the certain market quota. The article also analyzed the difficult reasons of small and medium business enterprises'financing, and thought that developing the civilian bank is an important path in solution. At the same time can also with the norm is in " the underground finance", remove its bad influence result in economic development. Numerous economics theories can also prove that the civilian bank has the deep development soil in our country. For example , the Minsheng commercial bank and Taizhou commercial bank. In the world, the development of civilian bank has been a tendency. Some failure precepts of other countries can also make our little walk at the time of developing the civilian bank. The civilian bank has not develop large-scalely currently in our country, the article opened out some problems that opening the civilian bank. Train of thought along the question, article proposes that the government should improve and complete monetary system for the civilian bank in market access, market supervisory, market withdraw, the foundation of the deposit insurance unit and etc. All of these will avoid the risk of the civilian bank. Then the civilian bank will develop quickly, and arouse the whole development of financial industry of our country.