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.
Table of Contents
A Brief History of Banking-System Reform in China Through the Mid-1990s
Further Reform for a Market-Oriented Economy
The Current Situation of Major Commercial Banks
Issues and Challenges in the Further Development of the Chinese Banking System
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