Research On Chinese Commercial Banking And Wealth Management

Since the reform and opening up, China’s economic development has madenoteworthy achievements in the world. As the most powerful economy in theemerging markets, China’s economy is in a rising channel long-term stability, people’smaterial life level compared with thirty years ago has undergone a qualitative leap.With the continuous deepening of economic reform, China is gradually getting rid ofthe state-owned economy of a monopoly monopoly, private economy and individualeconomy in economic development plays a more important role, as the developmentof the national economy second engine, contributed to the tremendous strength for thegrowth of national income, creating a large number of jobs. On the other hand, theincome distribution system with the development of economy happened to turn theworld upside down change, diversification of income distribution pattern of gradually.This makes the residents’ disposable income increase, coupled with the Chinese withtraditional concept of consumption, the stock of household savings in China sustainedrapid growth. With the continuous increase of personal assets and the rate of inflation,personal property value and the value has become the common people have to facethe problem. For most people,"wealth management" is a sound familiar but do notunderstand the concept of the relative lack of financial knowledge, people, personalfinancial technology also needs to be improved. It is the direct cause of our countryindividual residents to the enthusiasm for investment in financial investment isrelatively low, and because the person in information, technology and the amount ofmoney and professional investors there is a big disadvantage, leading to the risk isrelatively large. In this environment, commercial banks as the main body, mass ofprofessional financial services emerge as the times require. Through professionalorganizations and financial expert service, individual investors can achieve capitalappreciation, various problems can also reduce the personal investment in the face of.But for banks: with the deepening of the reform of China’s financial system and capital account gradually liberalized, management experience of mature foreign bankshave entered China and squeeze the living space of commercial banks in china.Because the basic forming Bank of traditional assets and liabilities business, marketpattern basically established, business rose limited space, reduce the cost of capitalrise and capital gains to the actual loan yields continue to decline, a direct impact onthe bank’s balance sheet business income. Characteristics and personal wealthmanagement business in its service objects, service wide large, business risk, businessincome stability and high added value, has been a new direction of commercial bankbusiness transformation, the commercial banks began to pay attention to thedevelopment of personal wealth management business. But because of our country’sfinancial services started late, the current business development can not meet themarket demand, there are many problems to be solved in the business development.Relying on the theory, in connection with the actual work experience, problemsand Countermeasures of development situation, a comprehensive analysis of thecurrent personal wealth management business, to promote the management ofpersonal wealth of China’s commercial banks to further improve, promote thebusiness of Commercial Bank of our country in transition, improve the profitability ofcommercial banks and is of great theoretical and practical significance after the era ofeconomic globalization and post the financial crisis of banking marketcompetitiveness.