TITLE:
The Competition and Equilibrium Condition among the China Banks
AUTHORS:
Xinyue Chu, Sitong Chen
KEYWORDS:
Competition, Equilibrium, PR Model
JOURNAL NAME:
Open Journal of Business and Management,
Vol.9 No.5,
September
23,
2021
ABSTRACT: Since the beginning of the financial crisis, no matter the domestic or
the international environment of the bank industry has become more complex and
the competition also becomes fiercer. After a series of financial system
reforms, China’s banking industry has already actively participated in the
fierce market competition. This paper examines the competitiveness and
equilibrium of China’s commercial Banks from 2008 to 2017 by using the
Panzar-Rosse model. At the end of this essay, some suggestions are proposed, so as to ensure
that in the furious market competitiveness, the banking industry of China can
develop healthily and placidly.