| China's financial industry facing further open since joining World Trade Organization, and commercial banking also face unprecedented challenges. Due to the reasons of history and system, our country's four state-owned commercial bank has obvious advantages both in market share and market concentration. But the bank operating performance is concerned, four state-owned commercial bank's profit margins are often overshadowed emerging share-holding commercial Banks. In such a context, using the theory of industrial organization's SCP formula to analysis Chinese commercial banking's structure,behavior,performance's present situation and its change trend, and based on the analysis of industrial organization using SCP paradigm to formulate correct policy will become the urgent matter.Industrial organization theory is the main basis of government industrial policy, and SCP paradigm is the core content of the industrial organization theory. This paper uses the theory of industrial organization's SCP paradigm, systematically comprehensive analyzed Chinese commercial banking market structure, behavior, performance, and relevant industrial policies. Full text is divided into four parts. The background, aim, content,possible innovation and related references were introduced at beginning in this paper.The second part introduces the related concept of commercial banks in China and the composition of the banking system, and briefly reviews the basic theory of industrial organization and its history. The third part analysis the Chinese commercial banking market structure, market behavior and market performance respectively based on the theories above. In respect of market structure, three indexs are selected and analyzed. The indexs are market concentration,product differentiation and market barriers. In respect of market behavior, besides research on commercial banking's non-price competition and price competition behavior,game theory was also introduced. through Stan Coleberger's oligarchic competition model, the strategic choice of commercial banks in China was discussed. Finally in respect of market performance,market performance of commercial banking has analyzed through profitability indexes, cost index, credit risk index and liquidity index, and the reason why our commercial banking market performance stay in current situation was found out. The fourth part analyzes the existing problems of commercial banking industry in China, and countermeasures that can improving the efficiency of industrial organization of commercial banking were proposed based on the analysis mentioned above.Research shows that although with emerging share-holding commercial bank's enter into market and development, monopoly degree decreased, and market competition gradually strengthened, but at present our country's commercial banking market structure still belongs to the oligarchic monopoly type market, and our country's interest rate was not totally determined by market, the price behavior activities of commercial banking are limited by policies, meantime non-price competition behaviour becomes marketization;moreover we can see from commercial banking market performance analysis that, whether the earnings index, cost index or credit risk index,they all indicated that the market performance of state-owned commercial banks gradually reduced, and performance level of share-holding commercial bank shows ascendant trend year by year. |
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