中国大型商业银行是怎样浴火重生的

How large-scale Chinese commercial banks emerged from vicissitudes

40年来,国有银行由国家专业银行到国有商业银行,再到股改上市、建立现代银行制度。改革过程相当艰辛。难的不是产品、服务、技术和管理工具等方面的创新,真正难的是制度创新。令人自豪的是,中国国有银行的改制,走出了一条独具中国特色的市场化改革道路,为世界提供了市场化转型改制的成功范例和宝贵经验,完全可以载入世界金融史册。

While we are enjoying the remarkable achievements from forty years of financial reform and opening-up, we are entering a new development stage. Here, I would like to share four points of my view about the joint-stock reform of large-scale Chinese commercial banks. First, finance is the lifeline of modern economy, finance and the reform and development of the real economy are interdependent and mutually-reinforcing. Secondly, innovation is the fundamental driving force of financial reform, among which system innovation is the engine of financial vigour. Third, the building of market mechanism runs through the entire process of financial reform, it is also the inevitable path to putting in place a modern financial service system. Fourth, finance is a sword with double blades, China’s finance, while shouldering the heavy responsibility of underpinning economic development, also faces enormous risks. Preventing the outbreak of systemic risks is the bottom line of financial reforms.