Analysis on the Developing Trend of China´s Banking Industry

The financial system of the world´s main developed countries is mixed management, which is the trend of the international financial development. China will thoroughly open its financial market till December, 2006. China´s banking industry will face a lot of great shocks coming from foreign banks which engage in mixed management. In this financial globalization time, China´s banking industry must go with the mixed management trend to improve its competitiveness. This article first introduces the history of mixed management in the world´s main developed countries, then analyzes China banking industry´s history, its status and the reasons why mixed management is the inevitable choice of China´s banking industry, and at last, the author brings forward relative suggestions to mixed management of China´s banking industry