Comparative Study On The Competitiveness Of 16 Commercial Banks In China

After years of innovation and reform,Chinese banking industry is still facing many serious problems.Under the background of the country's increasing financial supervision,the gradual escalation of the trade war between China and the United States,the gradual implementation of inclusive finance,the gradual promotion of interest rate liberalization and the rapid development of Internet finance,China's banking industry is facing great difficulties in pursuing innovation,reform and growth.Therefore,it is necessary to analyze the current development status of China's commercial Banks through objective data,evaluate the existing problems in the competitiveness of China's banking industry by using statistical methods and put forward Suggestions and Suggestions on the future development direction of China's banking industry.At present,most evaluation methods of competitiveness with commercial Banks in China are mostly adopted by camel evaluation system in the United States,standard & poor's or the methods used in authoritative journals like the banker.However,due to the differences in national conditions,capital allocation and management structure,some methods are not applicable.The research on the competitiveness of Chinese Banks mainly focuses on several topics: the first is the selection of evaluation methods,the second is the selection of impact indicators,and the third is the selection of observation indicators.In a comprehensive view,the method of factor analysis relies on the public data of Banks.In order to complete the analysis,sufficient sample data need to be selected in the early stage.Although a lot of data processing work needs to be done in the early stage,the results are more reliable.In addition,some observation indicators with weak correlation in data will be removed in the process of factor ranking.However,the observation indicators with weak correlation in the factor analysis of previous literatures will not be analyzed.However,in order to make a more comprehensive evaluation of competitiveness,these indicators will be evaluated later in this paper.There are five chapters in this paper.The first chapter is to introduce the research background and structure of this paper.The second chapter is to summarize the methods used by excellent domestic and foreign journals and their inspiration for this paper.The second chapter makes a brief summary of the different definitions of enterprise competitiveness in the academic field.Then,according to the writing direction of this paper and the connotation of enterprise competitiveness,it explains the definition of commercial Banks' competitiveness.The third chapter first introduces the basic principles and steps of the factor analysis model to be used in this paper,then selects the indicators to evaluate the competitiveness and the observation indicators and explains the reasons for selecting the indicators.In chapter 4,the relevant data is firstly substituted into the SPSS software analysis system,and the data is repeatedly added and deleted according to the results of each step until the appropriate factor analysis value is obtained.Then,the factors are named,and each factor is analyzed separately according to the ranking of each factor by the bank.The fifth chapter summarizes the results of empirical analysis and puts forward some Suggestions on improving the competitiveness of Banks.According to the ranking of comprehensive scores,it is concluded that,according to the financial indicators selected in this paper,among the 16 sample Banks,China merchants bank has the strongest comprehensive strength and the strongest risk offsetting ability.Agricultural bank of China has the strongest capital allocation capacity;Zheshang bank has the best profitability;The bank of communications has the most potential.Finally,according to the results of the above analysis,the following conclusions are drawn: first,Chinese Banks should strengthen the combination of science and technology and innovation,cross-border development,and the comprehensive application of big data and block chain;Second,Banks should no longer be financial institutions whose main purpose is to earn interest rate difference.Consumer finance,wealth management and retail business are the guidance to occupy the absolute market advantage in the future,and comprehensive development is the absolute principle.Third,inclusive finance and small and micro enterprises are currently the focus of national policy support.Only by focusing on market segments and mastering market dynamics can we better serve customers and achieve long-term development while seeking benefits for customers.