China's Commercial Banks To Finance Innovation And Promote Business Innovation Countermeasures

Business innovation in commercial banks is the uppermost content of financial innovation. From 1960's, the international banking experienced a climax of financial innovation, in which a mass of new financial business were created as a result of the change of international economy and finance, the business scope of commercial banks was enlarged by a long way. The step of business innovation in China's banking is slow. In the face of WTO, China's finance industry is entirely opened to outside, commercial banks at home will be confronted with huge impact of foreign banks. In order to take up an advantageous status in this drastic international competition, commercial banks in China have to quicken steps of business innovation, making great efforts to create varieties of new business by which to upgrade their international competence. Thus, there is important realistic and academic significance to China's banking currently in discussing business innovation in commercial banks.Our commercial banks always ignore the character of market during the financial innovations. As a result, few good profits have been barely achieved while banks have conducted many new businesses in recent years. So, how to develop financial business innovations is becoming an important problem facing China's commercial banks. This thesis is a theoretical and practical study specifically on finance innovation and its operating strategy in China then analyses the environment and conditions of developing financial business innovations, and then tries to advance the tactics and measures on how to develop financial business innovations in China.This paper consists of six parts. Chapter 1 is the introduction, mainly explains the background of this paper, the literature review, the...