In The Context Of The Full Liberalization Of Banking Sector Foreign-funded Banks In China

Since our country enters the WTO and the economy grows rapidly, the foreign banks have developed fast. Its capital scale unceasingly expands, and the deposit and loan business develop with steady steps. Also, its profit condition gets better and better, and the growth speeds up. Along with the Chinese finance industry comprehensive opening, the bank market competition will be more and more intense. In the terms of the bank occupation of the GDP, US is 0.88, Japan is1.47, but the Chinese proportion has achieved 2.01, obviously the Chinese banking industry accounts for the GDP proportion in a big way. There are many banks in China, and the bank competition intense situation extremely is direct-viewing. The next section of times, the RMB deposit and loan business will be the key field.Although in the short time, the foreign banks can not bring big impacts on our bank business, for a long time, the foreign banks will certainly form the competitive pressure. Because our country is gradually relaxing the foreign banks service control. After 2007, it will be a time which full of competition and cooperation. How will the Chinese banks deal with the opportunities and challenges, how will they improve their core abilities. These are very important. This article analyses the history and present situation of the foreign banks, the causes of their entering, the distribution characters, the fundamental modes, and their service structures from multi views. It also summarizes the strategies of the foreign banks, and the impacts on our country. At last, this article proposes some individual views to Chinese bank industry through the comparisons of the foreign banks and the Chinese banks.For recent years, more competitions reflect among foreign banks. But at present, the main bodies have already changed. The future first competition will be between the foreign banks and the Chinese banks; the next will be between the strategic investor. The third will be between the Chinese banks. In future the main pattern will be a win-win competition market. Now, the foreign banks buying the Chinese banks' shares is completed. But next station in which the foreign banks will buy the shares of the middle and small banks can form a larger scale.Moreover, the author believes that the real competition have not started yet, that is, the intellectual property rights. The foreign banks have already occupied this area since they came in China. The Citibank and HSBC are the earliest foreign organizations which registered financial products in China. There can't be profit if banks haven't got their own technology and patents. This will be more and more important when the foreign banks enter China comprehensively. The Chinese banks have already recognized the significance and they are stepping up to carry on the financial innovation. Later, the Chinese banks and the foreign banks will raise the climax of the intellectual property rights.The future five years, the competitive form, the content, the scope, the depth and the breadth will changed a lot. In this five years, the foreign and the Chinese banks will construct cooperation relations, make use of mutual advantages and develop together. So the author believes that it is not only a cooperative, but also competitive and win-win five years.