Article

Talent Shortage in the Process of Internationalization of China's Banking Industry: From the Perspective of Financial History


Chuxuan Wang1,*

School of Finance, Central University of Finance and Economics, Beijing, China
Correspondence: Chuxuan Wang, E-mail: wangcx0114@163.com
 
Received: 2024-06-05Revised: 2024-06-23Accepted: 2024-07-02Published: 2024-07-10
J. Int. Eco. Glo. Gov., 2024, 1(2), 4-10; https://doi.org/10.12414/jiegg.240170
© The Author(s). Published by MOSP. This is an open access article under the CC BY-NC license.
Abstract:
Abstract: With the continuous enhancement of China's economic strength, the internationalization process of China's banking industry has been moving forward. Since the stock reform of major state-owned banks in 2006, the process entered a stage of rapid development. However, it is restricted to a large extent due to the shortage of qualified human recourses, especially talented financial and banking professionals with international vision [...] Read More.
Keywords: Banking Industry of China, Internationalization, Talent
Keywords: Banking Industry of China, Internationalization, Talent

Abstract

Abstract
 
With the continuous enhancement of China's economic strength, the internationalization process of China's banking industry has been moving forward. Since the stock reform of major state-owned banks in 2006, the process entered a stage of rapid development. However, it is restricted to a large extent due to the shortage of qualified human recourses, especially talented financial and banking professionals with international vision. The first part of this article will briefly introduce the history of overseas development of China's banking industry, this will include three periods: the period of Republic of China, the period from the founding of People’s Republic of China to the implementation of reform and opening up, and period from reform and opening until now. The second part will examine the human recourses problems facing China’s baking industry’s internationalization and the causes of such problem. In the next part, we will discuss what characteristics and the qualities the real talents should have. Finally, based on previous studies, the article will propose the way to cultivate large number of talents so as to ultimately push forward the internationalization of China’s banking industry.
 
Keywords: Banking Industry of China, Internationalization, Talent
 
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Funding

Funding

    None.

Conflicts of Interest

Conflicts of Interest:

    The authors declare that they have no conflicts of interest to report regarding the present study.

References


References

  1. Yan, T. and Song, G. (2019). Talents Rushing into the Sea First —— Practice and Exploration of Talent Management in Chinese Banks in Hong Kong. Modern Commercial Bank (17),80-84.
  2. Kong, Y. (2010). Research on Talent Training Mechanism Based on Internationalization Strategy of Commercial Banks. New Finance (10),60-62.
  3. Li, C. (2008). Talent Cultivation under the Internationalization Strategy of Banks. Modern Commercial Bank (06),20-21.
  4. Cang, M. (2008). Banking: No Longer Subject to the Shortcomings of International Talents. Modern Commercial Bank (11),46-47.
  5. Ma, Z. and He, P. (2024). The Current Situation and Dilemma of Globalization of China’s Banking Industry. Journal of International Economy and Global Governance 1 (1), 3-16.
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AMA Style:

Wang, C. Talent Shortage in the Process of Internationalization of China's Banking Industry: From the Perspective of Financial History. Journal of International Economy and Global Governance 2024, 1 (2), 4-10. https://doi.org/10.12414/jiegg.240170
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