It is very difficult to place on the agenda the reform of the tax arrangement for state-owned commercial banks before they are really confronted with the capital market and public investors. With the count-down plan of listing for the state-owned commercial banks, the resolution of these problems will be placed on the agenda.
The same goes with the reform of personnel, benefits, social security, operation autonomy of the state-owned banks. Only when state-owned commercial banks are confronted with the urgency of going public will coordination and synergy by various government departments and corresponding reforms become a priority.