Foreign Banks’ Impacts on Chinese Banks in Post-WTO Period

After China’s entry into WTO, with China’s finance all round opening to the world, foreign banks enter Chinese finance systems quickly. The entry of foreign banks will improve the efficiency of Chinese banks, but at the same time they will inevitably bring challenges to Chinese banks. This paper analyses the challenges from the perspectives of the client resources, banking businesses, service methods and human resources, and makes some suggestions to develop Chinese banks such as developing finance systems, improving self-strength, and so on.