Choose The Path Of Reform China's State-owned Commercial Bank Restructuring

The four major state-owned commercial banks are regarded as the core force of the system of bank in our country, playing an important role in the course of whole national economic development. Its management state has influences for our country whole economy, finance system normal and overall situation of safe operation directly. Through the fast development of four main historical stages since the foundation of the country, they have already obtained certain achievement in serial reforms. But, with the overall date of financial circles of our country opening to the outside world, and financial globalization as international banking of the background swift and violent development make our country state-owned commercial bank produce a great deal of profound questions. Whether these problems could be solved effectively fast, is not merely the relation success or failure in the face of banking's fierce global competition of state-run commercial bank of our country, but the key to deepening reform and achieving success in banking system of economy of our country. At the beginning of 2004, the State Council determining to register capital to Bank of China and the Chinese Construction Bank with the foreign exchange reserve of 45 billion dollars, has drawn back the prelude of the reform of this state-owned commercial bank.The paper tries to analyze, from macroscopical visual angle, the external cause that is the international banking latest developing state and the internal cause whether domestic system environment and state-run commercial bank oneself to find the solutions. The question can be concluded as several big key problems that reform of commercial bank need solving urgently now. Through situation analysis, these question can sum up to these, it makes state-run commercial bank's dealing unclear management objectives from government control; our country social credit system imperfect; company administration structure, non-performing assets, reciprocity policy and international banking's competitive pressure. At the same time, all these restrict the fast-developing bottleneck of banking of our country.To above-mentioned problems, I think our government and state-owned commercial bank oneself are the key to solving the problem, they are the main bodies of this bank reform and important role at the same time. On one hand, the government should carry on the transition completely on the function, from the policy and macroscopical aspects as the institutional improvement, constructing the perfect credit system, to do a good job of basic service conscientiously on issuing and perfecting the issue of the institutional reform of the deposit insurance system of dominance based on risk and commercial bank tax revenue; On the other hand, the state-owned commercial bank should improve one's own structure and ability construction constantly too, to make the best use of the situation, to do well and establish the financial holding company taking commercial banking as their subject, company's administration structure reform, implementing such four items of groundwork as the feasible financial innovation strategy and talent's strategy, etc. Meanwhile, because these countermeasures and routes are each other close and are complementing each other, we should synthesize and coordinate while making, using and carrying out in strategy, and move forward in an all-round way. Only in this way, the whole economic quality of our country could be trained and promoted, this overall reorganization of state-owned commercial bank reforms will have an object in view, making the anticipated good result.