The Progress of China’s Private Banks Against “the Belt and Road Initiative” and Its Enlightenment to Private Banks in Xi’an

DOI

10.2991/aebmr.k.200908.081How to use a DOI?

Keywords

“the Belt and Road Initiative”, private banks, initiatives

Abstract

As of late August 2017, 17 private banks in China have been approved to set up since the first five pilots in 2014. The proposal of “the Belt and Road Initiative” brings great development opportunities and challenges to private banks in Xi’an. The paper first analyzes the development status of private banks in China and abroad, discusses the necessity, pros and cons of developing such banks in Xi’an, and the main obstacles for their development in the context of introduction on the basic situation of Chinese private banks, and probes into the influencing factors. Finally, the approach and policy suitable for the development of private banks in Xi’an are proposed, which is conducive to the improvement of the city’s financial structure system, the rapid and sustainable development of private banks, and the contribution of those banks to the city’s economic development.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jianghong Yao
PY  - 2020
DA  - 2020/09/08
TI  - The Progress of China’s Private Banks Against “the Belt and Road Initiative” and Its Enlightenment to Private Banks in Xi’an
BT  - Proceedings of the 3rd International Conference on Economy, Management and Entrepreneurship (ICOEME 2020)
PB  - Atlantis Press
SP  - 481
EP  - 486
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200908.081
DO  - 10.2991/aebmr.k.200908.081
ID  - Yao2020
ER  -