Analysis Of Joint-stock Reform Of State-owned Commercial Banks

The reform of state-owned commercial bank is occupying the importantstatus in China economy. Over the past 30 years, the government hastaken many method to improve the asset quality and management level,but the result was always unsatisfied. With China's entry into WorldTrade-Organization(WTO), the banks are facing fierce competition fromforeign banks. At present, the innovation of join stock system is believedas the only effective way to solve the problems. However, as fact, all thenational banks reforms are controlled by the government, the nation stillhold most share of state-owned commercial banks, which must result inmuch difficulty, such as the administration intervention, lack ofproprietors and stimulation mechanism.