Reborn To Decay: The Research Of Han Kou Old-style Chinese Private Bank At The Early Days Of PRC(1949—1952)

Financial problem matter vital to economic development, national strategies and citizens' livelihood. Banks and other financial institutions in the economic activity in the centre. Since modern times, in the hankou financial institutions, old-style Chinese private bank always occupies very important position.In this paper,from the angle of HanKou old-style Chinese private bank,based on time, carding the history of HanKou old-style Chinese private 'bank at the early days of PRC,and analyze different forces attitudes and the reasons in the process, discuss private money industry represented by old-style Chinese private bank under the new political and social environment how to adjust the role of the self and self-image.Wuhan liberation eve, After the national government squeezing and harsh exploitation and the destruction of the war, HanKou old-style Chinese private bank badly run,a large number of. Banks out of business, to the speculation activities, and normal,exchange of storing business almost neglected. On May 16, 1949 in WuHan after liberation, In order to stabilize the financial and economic recovery, due to temporarily unable to fully grasp the financial markets, need the old-style Chinese private bank play a role in active economic, stabilize the market. But at the same time, government needs to operating disorderly like on HanKou old-style Chinese private bank industry before liberation and rampant to rectify, to better service for the development of the economy. So WuHan military control committee and The people's bank of China HanKou branch introduced several management measures, reviewing registration and capital verification for old-style Chinese private bank industry,preliminary established orderly financial order. At the same time, the old-style Chinese private bank industry for the new government of these management measures has taken a different approach.After a half a year after the consolidation of management, Hankou old-style Chinese private bank industry gradually get rid of the chaos, towards the orderly recovery and development. But as the new government's efforts,the national unification of finance and economics, Bank lending interest rates fell, At the same time because of a lack of a variety of chaos illegitimate income, old-style Chinese private bank industry now faces serious difficulties. The government set a series of preferential measures to help the Banks out of trouble.Since May 1950, under the impetus of the financial management in WuHan and the call of joint meeting of the national financial industry, Hankou old-style Chinese private bank industry ask for joint venture, set up three joint group, and gradually moves towards consolidation,set up WuHan united commercial bank. Since then, due to the weak of business,united commercial bank winding up. At this point,HanKou old-style private bank industry is eliminated completely.