Tactics Research Of China Banking Institutes For Finance Globalization

Financial globalization refers to the effective allocation in resourcesall over the world ,with which being regarded as an integrated market ,andalso the globalization and the integration in financial market ,which ischaracterized by financial net , monetary integration ,financial servicemodernization and financial risk enlargement. With financial globalizationas an unavoidable mainstream in world economy and internationalfinance ,to all the developing countries , it brings in opportunities andchallenges as well .How to evade risks and seize the opportunities,therefore , is becoming an significant strategic issue. What is more , as isentering the WTO and accordingly opening the bank businessoverall ,China will be confronting overwhelming and unprecedentedimpact on international finance. The basic characteristics of financial globalization can be the freemovement in international capital, financial agencies internationaldevelopment, the globalization in financial business and financial risksand so on. In general ,financial globalization will greatly affect on bankoperation , such as to foster significant structural changes within thebank system and to realize the financial business cross-nationaldevelopment among international financial agencies with the spring up infinancial tools' innovation and the apparent increase in the weakness innerthe bank system at the same time .Bank business in China has witnessed a series of meaningful progresssince in 2003 ,the large scale reform implemented in bank system.However, under this circumstance , we are also exposed to many severproblems, mainly including the good clients drain ,fierce competition ,thebrain drain ,the monotonous profit-earning mold and as well as the lack offinancial tool creation .In the thesis, the author analyzed the main problems in domestic banksystem before giving the relevant propositions. How to accelerate thereform by introducing share system in bank and the impotence of it arehighlighted as the author believe that the most critical way to correct thecurrent situation is to establish the modern entrepreneur system. Then inorder to deal with the competition on talent ,business and financialcreation ,the author put forward several points :to enhance themanagement in human resource and risk preventing ,to improve theinfo-technical application and to activate the financial innovation ,finally ,in view of the chief aspects in reform among the 4 state-owned banks,listing on the security market and encouraging domestic and overseainvestors are explained in details .