Options for Strategic Financial Innovations of Commercial Banks in China

The capability scope of financial innovation will directly determine commercial banks win-or-loss position in the market.By pointing to various obscurities that current commercial banks are facing during financial innovations,this article proposed related countermeasures for further developing the commercial banks financial innovation,covering aspects of setting up the innovation idea,enhancing the technology content of innovation products,completing the financial service's function,and strengthening the finance surveillance and management.