The Comparative Analysis on Foreign Banks and Chinese Banks

With the all-around opening-up of banking in China,the competition between Chinese banks and foreign banks is fierce in-creasingly.The advantages of foreign banks are flexible operating system and international competitiveness,while Chinese banks have the advantage of native business but serious defect in management system.Facing the fierce competition of banking,Chinese banks should build strategic alliance with foreign banks,promote financial innovation,optimize personnel mechanism,avoid our disadvantages and develop our advantages,and narrow the gap with foreign banks.