The share-holding reform of state-owned commercial banks only represents one means of attaining the reform target. It is aimed at forming effective corporate governance structure, strengthening restraints in the capital market and improving performance of banks.
(II) The linchpin of improving corporate governance structure of commercial banks lies in proper handling of the relationship between commercial banks on one side, and investors, top Management, employees and other stake-holders on the other, enabling all the parties to restrain one another according to laws, rules, regulations and contracts.