Development Strategies Of China Investment Banking

With the development of global economic integration and liberation, the quickening of our finance opening after the accession to WTO and the deepening of economic and financial systems' reform, as the soul and core of the capital market, investment bank faces great challenges. On the one hand, the reality puts forward higher requirement on our investment bank; On the other hand, our investment bank is still weak and exists many problems, which can't face the challenge of the international large-scale investment bank. These all need us earnestly to ponder countermeasure, strengthen the development of investment bank and face the fierce international competition actively. Consequently, we can adapt to the trend of international economic integration.Investment bank connecting corporations and corporations, investors and raisers, is a kind of financial industry with intense intelligence. And investment banks are not only highly developed intermediary organs in economic, but also important and participant. They are becoming more and more important in the case of financial global integration. The international investment bank has already become the core and soul of the modern capital market after several centuries. In 21st century, international investment bank shows the trend, which is the variety and specialization of business, the internationalization and concentration of capital. Our capital market starts very late but develops very rapidly. Investment bank has made considerable progress after more than 20 years. Though there are a series of problems and restricted factors, the promotion of our economy puts forward inevitable requirement on the investment bank and brings opportunities.The paper that is based on the analysis of the challenge and opportunity that our investment bank faces, combined the trend of international investment bank and the reality of the investment bank, submits the development countermeasure in the 21^st century: distribute management, definitude the service and the function, adopt the strategy of scalization, internationalization, collectivization and industry and financial union , in order to realize the multinational development of our investment bank. Innovation also is here.