The Developing And Transforming Map-road For Chinese Commercial Banks Under The Circumstance Of Financial Liberalization

Financial liberalization covers the liberalization of interest rate 、 financial market、financial business and capita item.From the point view of the history of international economic development,financial liberalization is the main trend of financial development.Most of the developed economy such as USA and Europe as well as some emerging economy experienced financial liberalization. After joining WTO,China experienced ten years’ rapid economic development,Chinese financial system become matured day by day. In order to meet the demand of Chinese economic transformation and industry upgrading, financial liberalization is the necessary choice for Chinese economic transformation.The current practice of the reforming of Chinese interest rate liberalization and the the setting up of Shanghai Free Trade Area mark the acceleration of Chinese financial liberalization. Under the circumstance of financial liberalization, Chinese banks are to endure the fierce competition. Financial liberalization is to have an important impact on Chinese bank structure. Just only to enhance reforming and build up the competitive developing and financial Innovation model, financial liberalization can promote Chinese economic development and an energetic bank-system can be build-up. Under this circumstance, the theory research bout the financial liberalization’ impact on Chinese banks’ international competitiveness improving is full of theocratical meaning and practical meaning.Developed economy such as USA and Europe as well as some emerging economy experienced financial liberalization, these countries’ banks endured or are enduring the challenges and opportunities from financial liberalization. On the basis of Chinese realism, this paper is to find out the map-road of Chinese banks’ development by learning the developing experience of these countries’ banks.Under the circumstance of financial liberalization, Chinese banks are to be confronted with fierce challenges. Firstly,the liberalization of interest rate will affect the traditional profit earning model. Secondly, Chinese banks will face bigger amount of credit risk、asset liquidity risk and the risk of capital price. Thebanks’ ability of risk management should be improved in this condition.Lastly,with the standard reducing of barricade for permission and operation,Chinese banks will meet high pressure for transformation.The progress of financial liberalization means challenges meanwhile opportunities for Chinese banks. The traditional business advantages of Chinese banks will be challenged, but meanwhile, financial liberalization also can create more developing space. Considering all of these factors, Chinese banks can improve their competitiveness by improving and transforming of corporate management、business developing model、banking channel reforming and so on.