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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
 
J. Int. Eco. Glo. Gov., 2024, 1(2), 4-10; https://doi.org/10.12414/jiegg.240170
Received : 05 Jun 2024 / Revised : 23 Jun 2024 / Accepted : 02 Jul 2024 / Published : 10 Jul 2024
© The Author(s). Published by MOSP. This is an open access article under the CC BY-NC license.
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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

    None.

Conflicts of Interest:

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


References

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© The Author(s). Published by MOSP
This is an open access article under the CC BY-NC license.

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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