2  BIS Review 144/2010  The fourth is that banks are needed to ensure effective implementation of monetary policy. Monetary policy is the most relevant economic policy for softening the impact of economic fluctuations and cycles and for maintaining price stability.
In terms of interest rate structure, the differential between deposits and loans is still in the high range with promising outlook for profits of commercial banks. As for the disadvantages, China is still lacking talents for the financial industry. It is observed from the experience of other professional sectors that cultivation of specialized talents takes some time.