China's City Commercial Banks To Development Problems

With more opening up to the outside world after China's entry into WTO, China's city commercial banks will face more severe competition environment. To conduct an objective and all-round analysis and evaluation on the current condition and problems occurred in the development of China's city commercial banks, and to take effective countermeasure is the key to keep their competitiveness. Based on the medium and small-sized commercial banks' existence and development theory, the paper illustrates wide development scope of China's city commercial banks. Take Nanjing City Commercial Bank as an instance, the supporting role of city commercial banks in local economy has been proved. By stating China's city commercial banks' development history and current condition, the paper pays great emphasis on analyzing the problems encountered by the city commercial banks nowadays. Through referring to the experience of foreign local banks in their growth, the paper puts forward specific measure for the development of China's city commercial banks and makes a forecast on their feasible development direction.