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Income Diversification in the Chinese Banking Industry: Challenges and Opportunities pp 25–52Cite as

The Rise and Development of Non-traditional Banking Business in China

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Abstract

This chapter provides the overall picture of the historical process and current status of income diversification in the Chinese banking sector. It begins by outlining the major stages of banking reforms in China. Then, it describes the development of the non-traditional business by Chinese banks. Finally, the driving forces behind Chinese banks’ shift to income diversification are discussed.

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Authors and Affiliations

  1. China Construction Bank, Beijing, China

    Zhixian Qu

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  1. Zhixian Qu
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Correspondence to Zhixian Qu .

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Qu, Z. (2020). The Rise and Development of Non-traditional Banking Business in China. In: Income Diversification in the Chinese Banking Industry: Challenges and Opportunities. Springer, Singapore. https://doi.org/10.1007/978-981-15-5890-0_2

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