Competitiveness Of Chinese Joint-stock Commercial Banks A Comparative Study

Financing is the core of modern economy and banking its mainstay industry. Of banking industry in China, the joint-stock commercial bank can not be neglected. Along with China's entry to WTO to the end of the overall protection against foreign financial business by the end of 2006, a fierce competition between state-invested commercial banks and foreign-invested commercial banks. If the competitive ability of the whole Chinese joint-stock commercial banks could not be effectively enhanced, some serious problems that affect the stability of commercial banks even general development of economy may occur. In this sense, to do objective and comprehensive analysis, judgement and comparison of joint-stock banks' competitive ability in our country and to make effective strategies to promote competitive ability are undoubtlessly of vital meaning both in theory and in practice.Based on the concept of competitive ability and general theories of enterprise's competitive ability,this thesis tries to define the connotation of joint-stock commercial banks competitive ability, providing theoretical support for the empirical analysis in the following text. The whole thesis gives detailed introduction of major factors that influence the conpetitive ability of joint-stock, which are innovative ability, scale and strength, strategic orientation, risk control and corporation managing structure. Drawn on the existed achievements of authoritative institutions and scholars domestic and foreign, this thesis designs an operative and scientifical judging quota system towards joint-stock commercial bank's competitive ability, including market possession ability quota, operating scale quota, property's quality and safty quota, profit-earning ability quota, mobile management quota and operating management quota. In the empirical part, taken 7 joint-stock commercial banks in China as the research object, through detailed comparative analysis of the above mentionde quota, the present situtation of competitive ability our country's joint-stock commercial banks is clearly shown.On the basis of the above analysis, it could be found that the competitive ability of Chinese joint-stock commercial banks has improved during the post years, having held dominant position in the whole banking. But weakness existed in joint-stock commercial bank itself can not be neglected, especially the unbalanced development of 13 joint-stock commercial banks and wide gap among these banks. In a word, the competitive ability of the whole Chinese joint-stock commercial banks awaits further improvement. According to the judging result of empirical research, with the actual situation of Chinese joint-stock commercial banks into consideration, drawn on the successful experience of big foreign banks, measures to enhance the competitive ability of the whole Chinese joint-stock commercial banks are put forward. To enhance human resource management, to set correct strategic quota, to improve techonology developing and business innovation, to form unique enterprise culture and to construct modern organization structure are included, which lay a foundation for the improvement of the competitive ability of Chinese joint-stock commercial banks and stable, healthy development of these banks.