Opinions and suggestions on the future development of banks

We should make it clear that the basic format of the banking industry today is monopoly competition. Looking at the development of the world banking industry, we can find that the banking market in most countries in the world is an oligopoly market structure.

Many scholars have proved in theory and practice that the moderate concentration of the banking industry is conducive to financial stability, and the competition between banks is not necessarily fierce.

First of all, from the data analysis, the overall level of competition in China's banking industry is improving. As a government, the most important thing is,

Provide a good institutional environment for banking competition. Let banks compete calmly and fairly, so as to improve the external governance level of the banking industry.

Further improve the overall profitability and viability of China's banking industry.

Secondly, due to the follow-up of the shareholding system reform of domestic state-owned banks, the overall competition in the banking industry began to rise.

Government departments should speed up their familiarity with international rules, give full play to the positive role of foreign banks in stimulating competition, and at the same time speed up the reform of the shareholding system and give full play to the positive role of property rights in the corporate governance of banks. Internal and external training,

Promote the development of China's banking industry.

In addition, the openness of China's banking industry is still in the primary stage, and it is an insurmountable stage for China's banking industry to strengthen competition by increasing the number of banks.

We need to welcome the full entry of foreign banks with an open mind. Learn from the experience and lessons of industrialized countries and regions, and gradually replace manual services with low-cost modern means. Specialization, individualization and technological innovation are the keys to remain invincible in the competition. China's banking industry needs to relax the threshold of quasi-persons,

Comprehensively improve the intensity of market competition, at the same time strengthen the supervision of bank risks, and gradually realize the transformation from extensive operation mode with high cost and low output to intensive operation mode with low cost and high output.