It is the end of the term which China's accession to the WTO on December 10th, 2006, our country open citizens within the territory of the RMB business to the foreign capital bank. The national treatment to foreign Banks, for comprehensive fulfill the promise, in November, 2006, the state council issued the name republic foreign bank management regulations, the CBRC issued the regulations, and come into effect in December 11, 2006.
This means that since 2007, With the further opening of the Chinese market, foreign Banks will step into, for our country banking from all sides impact.
The purpose of this study was to research and analysis of Korean Banks in China's financial market into the environment condition, development process and a series of problems in the process of development.
Through the study, can be summed up, as China's financial services opening up the end of the transitional period foreign capital to enter the number of China's banking industry, types and scale will surely be increased. At this time, analysis of the entry of foreign Banks to China's economic development impact is more important.