All-round Banking Is an Inevitable Choice of China's Commercial Banks
Yan‐Ling Liu
Abstract
Yan‐Ling Liu
Abstract
With the development of integration of the world economy and globalization of banking, multi-business-operation has become the main trend in the development of the world banking business. Currently, China's banking business is still adopting the specialized model of operation, which cannot meet the challenge of the foreign banking institutions after China's entry into WTO. Therefore, it has become an urgent task for us to set up a strategic objective for the future development of China's banking business.
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With the development of integration of the world economy and globalization of banking, multi-business-operation has become the main trend in the development of the world banking business. Currently, China's banking business is still adopting the specialized model of operation, which cannot meet the challenge of the foreign banking institutions after China's entry into WTO. Therefore, it has become an urgent task for us to set up a strategic objective for the future development of China's banking business.
Key concepts: China, Business, Globalization, International banking, Retail banking, Commercial banking, Banking industry, Task (project management)