Foreign banks in China : competitive strategies of operation development

Abstract

中国加入世贸组织后,充分兑现银行业务领域开放承诺。目前在华的外资银行可全面经营外汇及部分经营人民币业务。在业务战略上,外资银行多采取突出风险相对较低的非融资业务、做强其具有较大比较优势的外汇业务、精心挑选人民币业务、力推技术含量高并有较高附加值的个人理财服务等八类核心产品的战略。 After the accession of the WTO,China has been fully fulfilling its promise on opening its banking business to foreign countries.Currently,foreign bank that operate in China are allowed to do all foreign exchange business and certain Chinese RMB business.Most of the foreign banks in China adopt the trategies of concentrating their business on relatively less-risky non-financing business;strengthening foreign exchange business in which they have larger comparative advantage;and marketing eight kinds of high-tech and high-value-added products such as personal financing etc.