Chinese Banks Respond To The Strategy For The Impact Of Foreign Banks

All the banks in China, including four state-owned banks, are competing against the foreign banks under the same regulation now. And there are many differences between our banks and foreign banks, our banks are facing the problem of how to establish an unassailable position in this competition and how to catch and even exceed the steps of foreign banks.There is an idiom in China "know you enemy, then you could win the war." if our banks want to win this keen competition and find out the way to win, the first thing to know is their excellent and the inferior position and that of foreign banks. By analyzing this relationship, we can find the way to solve this problem.The article has mainly introduced the history of foreign banks in our country's development and current situation, and at the same time Summarize some remarkable characteristics shown especially in the course of our country's development of foreign banks. And then set out from the economy effects of the foreign banks entering the financial market of our country, through the pros and cons, deeply analyze the Macro and micro economy effect entering from the foreign banks that can bring to financial market of our country. The competition inside the foreign banks and our banks is of great significance to the financial market of our country, Especially in breaking the monopoly of the domestic banking and improving the efficiency of financial intermediary, The foreign bank can regard as the pure competitor on the international market. This part that " the theory that the foreign banks enters the host country "fully explains this view.The article next has compared the competitiveness of the foreign banks to our banks in many aspects, finally draw the conclusion that The competitiveness of our banks is the indigenous advantage; the one of foreign banks is the manage advantage. So the tactics our banks deal with the foreign banks is that firstly keep on the foundation of our own advantage, find the way of against the manage advantage of foreign banks, and make great efforts to improve our own management level.But how to improve the management level of our banks? The article mainly starts with customer leads, brand, finance innovating, humanism, Use the advanced experience of the foreign banks for reference, propose the countermeasure that our banks should adopt on this four parts.