By Wu Qing & Gao Yuhui　

Date: 2004/07/19

Abstract:

A survey is done on the business size/scope of banking industry in Guangzhou city, in terms of division and concentration. According to the survey, retail banking business is more concentrated than wholesale business; the degree of business concentration in banking is lower in Guangzhou than the average level in big American cities/districts. The implication is that, less constraints and pro-innovation policies, rather than setting up more financial institutions, are critical to enhancing competitiveness and efficiency for the banking industry.