| China's WTO entry on Dec.11, 2001 marks that our market will be more open to outside world and will play a more important role in the world economical globalization. China banking system, as one of the most important department, how to take opportunity, answer to the challenge and enhance its competitive capacity? Starting with China's WTO accession and in accordance with the situation of China, this article will analyze from a new angle that China Banking how to reply to the challenge from foreign banking system. This article is mainly divided to three parts. From the commitment to open up the financial market in line with the WTO protocol, the first part of this article introduces us that the impact from the foreign banking system with the geographic and customer service restriction will be lifted gradually after China's WTO entry. Through the comparison between the foreign and domestic banking system, we can note that on one hand, the domestic commercial banks will have many chances on its development, on the other hand, it will also face up the increasingly intense competition from foreign banks. To improve the competitive capacity of China banking on Management experience, technology development, financial product innovation, service quality and lowering the running cost lie in to a great extent the financial electronic informative level.It is introduced in the second part of this article that the development history of foreign and domestic financial electronic informatization, in the mean time, emphatically analyzed the net bank's competitive advantage over the traditional bank, and listed some running examples of foreign net banks and domestic net banks. By comparing the foreign and domestic net banks, we can find that the domestic net banks play a very important part in the whole domestic banking system, although it far lagged behind the foreign net banks. "In the electronic business age, net banks have become the very important contribution to attract more customers and market shares. The bank who is in the lead of construction of net bank will surely gain the initiative in the competition."In the third part of this article, it is introduced that the main object of construction offinancial informatization,from with we can gather that the construction of financial informatization is instrumental in improving the competitive capacity. Granted, the financial informatization has got a lot of achievement in the construction of financial informatization, but we should not ignore the risks and problems which could occur on the way of development. In view of the above situation, we proposed several solutions from our working experience and achievements in our postgraduate course study.On the basis of above analysis, this article present some solutions on the construction of China banking financial informatization: Making detailed plan on the construction of net bank; Constructing net bank department; enhancing the human resource training, especially the human resource of net bank; preceding the development of new product; amplifying necessary laws and regulations on developing net bank; taking suitable methods to portray a good image among the customers. At the end of this article, the development of the financial informatization is summarized: After the China's WTO entry, the domestic banking must realize that the risks and chances will exist side by side during the development of China banking, which will present a tendency of localization of foreign capital, internalization of domestic capital, legalization, marketing and electronic informatization. Nowadays, we are in a new economic era featured electronic informatization,if the traditional commercial bank don't want to be the "dinosaur" of the new century, it must take advantage of all kinds of chances brought from the financial electronic informatization to develop itself. Financial informatization is becoming the inevitable choice for the development of China banking, and China banking will be able to answer... |
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