To Join The Wto And The State-owned Commercial Banks, Management Innovation, Win-win Options

China will become a formal member of World Trade Organization soon. China's entry into WTO means the market of our country will be further opened up to the outside world and we will have more opportunities to participate in the process of economic globalization. As one of the cores of our national economy, commercial banks are most sensitive to the impacts coming from China's entry into WTO and will receive unprecedented influences. This thesis will mainly answer the question that how China's commercial banks should grasp the opportunities and cater for the challenges in the new economic situation. Proceeding from China's entry into WTO, this thesis puts forward an overall design for the innovation of the operation and management of our country's commercial banks after China's entry into WTO with innovation as the principal line, be reference to the WTO member states' experience in the operation and management of modem commercial banks and in accordance with the national conditions of China.This thesis is mainly composed of the following parts:First, proceeding from WTO's functions and the basic principles that should be abided by the member states, this thesis introduces that within five years after our country's entry into WTO, China will gradually loosen the restrictions on the range and regions accessible for foreign investments and finally cancel the restrictions on the regions and customer service for foreign-funded banks to carry out RMB service. China's entry into WTO will inevitably produce profound influences on our country's banking industry. On one hand, the state-owned commercial banks will be confronted with many opportunities for China's entry into WTO. The strong pressures of competition imposed by foreign-funded banks on the state-owned commercial banks will surely compel the domestic banks to study the foreign banks' advanced experience and technology, accelerate the progress of innovation and rapidly increase their standard of operation and management. At the same time, new competition and new environment will surely lead to a large group of domestic bankers and a team of high-quality bank clerks, which is beneficial for the training of talents and the improvement of the staff's quality. On the other hand, the state-owned commercial banks will be put in an environment with fiercer competition, where human resources, customer resources and service methods will become the focuses of competition with foreign-funded banks. Therefore, the state-owned commercial banks' innovation of operation and management is an inevitable choice required by the times.Second, this thesis introduces the process for the commercial banks of the WTO member states to satisfy the requirements of social and economic development and continuously make improvements and innovations, compares and analyzes their four major operation and management modes (i.e. asset management mode, liabilitymanagement mode, united asset and liability management mode as well as the mode of comprehensive management of asset, liability and intermediate service) and sums up the trend of their innovation of operation and management. The said trend mainly reflected in the aspects that worldwide inter-bank acquisitions have produced huge influences on the global banking industry; the Financial Service Modernization Law promulgated by the US has made mixed operation a new trend of the development of banking industry in the new century; the startup of Eurodollar and Eurodollar region is an important achievement of EU's innovation in political and economic systems. On this basis, the thesis concludes the characteristics of financial innovations in the whole world and points out that there will appear more and more financial innovations with the arrival of an e-commerce era.Third, this thesis reviews the practices of the domestic state-owned commercial banks' innovation of operation and management since the reform and opening up and points out that our country's state-owned commercial banks have made significant achievements in legal constr...