Banking System Reform in China: The Challenges of Moving Toward a Market-Oriented Economy.

摘要

This paper briefly reviews the history of Chinese banking-system reform since the late 1970s and examines recent government reform efforts in detail, mainly focusing on the reform of state-owned commercial banks, which are handling more than half of the deposits and loans administered by banks in China. It also analyzes the current condition of major commercial banks using a simple international comparison and considers issues and challenges presented by further reforms intended to increase financial stability and provide for the sustainable economic development of China.