China's Commercial Banks To Develop Bond Financing Business Thinking

The China's commercial banks focus more on issues of profitable asset structure, due to the need for joint ventures' reform and strengthening the internal control, as the main means of macro-control context of the country to implement a tight "monetary policy" since 2007. It has become an inevitable choice for China's commercial banks to develop intermediary service in the current limited domestic investment channels for more security situation. However, intermediary service growth runs into the bottleneck after a long period of development of assets and liabilities. It lacks a complete system of scientific management, because of limited varieties, few means, and non-standard operation. The commercial banks are eager to find new direction and breakthroughs amid the increasing eruption of irrational competition and the low level of competition.This paper describes the development and features of intermediary service based on the set of domestic commercial banks, and analyzes the main reason for them to stay in inferior situation, after the introduction of the development of intermediary service in foreign commercial banks in the main aim to narrow the development gap between China's commercial banks and foreign commercial bank.This paper further analyzes the active role that the intermediary service of bond financing plays in the promotion of business development of China's commercial banks and the reasons that China's commercial banks should vigorously develop the bond financing intermediary service. It also discusses the specific design of bonds financing products by summing up the development history and product features of country's domestic debt financing product the history. Finally, this paper presents relevant suggestions in order to make China's commercial banks to better and faster develop bonds financing products.