Capital Constructional Study Fit Local Economy Development Of Baicheng Branch, China Construction Bank

Baicheng is a poor-developed district, thus such study of is an example to otherbanks in their development and their support to local economy. It can enable otherlocal banks in their further contribution to local economy with their situation andcharacters. The development of Baicheng China Construction Bank has a closerelation with Baicheng local development which shows its value. On the other hand,Baicheng China Construction Bank depends on the local economic development ofBaicheng, and the former should keep its step with the latter. Only in this way, thecan the Bank be helpful to the local development and it can greatly develop itself. Themain of local economic development---the local company needs a variety of bankingservice. And Baicheng China Construction Bank has the very service. In this papersuch a theme as how to adjust the construction of China Construction Bank, ensure itsfunction and support local companies.In operation, the bank should set goals for the adjustment of asset structureaccording to local economy, build professional service teams and set up smallbusiness lending center for the industries of strongly supported medium-sized andsmall enterprises. The center will be equipped with full-time stuff, directly connectmarketing with market and provide services of reception, investigation, examinationand approval, and issue and operation in order to reduce links and improve efficiency.Attention should be given to the service for the key enterprises led and supported bylocal governments. The bank needs to adjust asset structure in terms of industrysupport and take substantive steps to diversification development. The priority shouldbe given to motor vehicle parts supporting manufacturing with local characteristics,machinery processing industry, large textile industry, trading markets of grains andbeans, leading enterprises of agriculture industrialization, and land consolidation in western China. Local government projects concerned with people’s livelihood andinterests should be included in service. The focus should be shifted to expansion andreconstruction of colleges and specialized secondary schools, upgrading of medicalinstitutions above the county level, and water conservancy project of diversion of NenRiver to Baicheng. Keep the advantages of traditional personal mortgages, providentfund loans through the loan business innovation and promotion of the varieties. At thesame time innovates personal consumer loans, the personal cycle limit loans, personalbusiness loans, personal agriculture-related loans, company plus farmer loans andother types in line with the market and customer demands.To launch a combination of a series of systems, products and measures ensurethe development of Baicheng Construction Bank and adjustment of asset structurecorresponds to the pulse of local economic development. The great progress has beenmade in the service efficiency, service quality, breadth and depth of service, variety ofservice types, and innovation of service means. Efficient and timely injection offinancial resources activate the subjects of economic activities—a variety ofenterprises and urban and rural entrepreneurs, which win the recognition of thegovernment, the satisfaction of enterprises and favorable social response. Whilesupporting the local economy development, Baicheng Construction Bank has madegreat progress itself with its market share remaining the top of state-owned banks.Besides, its total assets, loan increment, profit contribution and other leadingindicators grow at an annual average rate of more than20percent.The adjustment of asset structure of Baicheng Construction Bank should respectlocal reality, current situation of enterprises, and social realistic demands, andconform to structure and characteristics of local economy. Only by doing so canBaicheng Construction Bank and local economy grow up together and realize awin-win development.