Third, they entail transaction costs and efficiency of commodity trades and investment in the economy. It is the sole and specific role played by commercial banks that puts their reform in a particularly important niche in the whole reform of all financial enterprises. II. Perfecting governance structure of commercial banks is vital to success of the reform of commercial banks.
(I) The government decides that reform be implemented in state-owned commercial banks in line with the mode of “one policy for one bank”.