Analysis On The Industrial Competitiveness Of Chinese Commercial Banks

With the advancement of China's opening-up and financial system reforming, our banking industry has made unprecedented great progress. However, the competitiveness level of Chinese commercial banks is still far lower than that of the powerful foreign counterparts. At present, many problems exist concerning Chinese commercial banks, especially the state-owned commercial banks, such as conducting inefficiency, lacking of creativity, the badly quality of capitals and so on. Nowadays, China has entered the WTO. During the following half-past-year protection period, almost China's whole financial market will be opened to the entire world, and the Chinese commercial banks will have to confront the competition and challenge from the powerful, advantaged large-sized foreign commercial banks without the government's protection. So it is pretty meaningful to discuss how to improve the competitiveness of Chinese commercial banks both in theories and reality. The relative concept of competitiveness level of commercial bank is derived from comparison. The premise of improving competitiveness of Chinese commercial banks is to correctly assess the present Chinese commercial banks'competitiveness level. And then, we could find the key causes influencing the competitiveness level based on the assessment, and propose the policies and measures to improve the competitiveness level. It is under the above background that the author tries to analyze and evaluate the competitiveness level of Chinese commercial banks.This article's analytic clue is that: firstly, the author elaborates the basic theory of industrial competitiveness and analyzes the meaning of industrial competitiveness of commercial bank, further confirms the universality and particularity of commercial bank's industrial competitiveness. Then, the empirical analysis has been made through three aspects that conclude market structure, market conduct and market performance to explain the industrial competitiveness level of Chinese commercial banks. Afterwards, the author constructs a systematical, practical evaluating index system of commercial bank's industrial competitiveness applying the Analytical Main Elements, comparing 15 Chinese commercial banks and placing in a competition of their industrial competitiveness, and educe the primary conclusion. Finally, the author put forward the main policies on the basis of the results of empirical analysis, combining international practice and the situation of China.