We are pleased to present the Chinese Bankers’ Survey 2017 report, prepared jointly by the China Banking Association (CBA) and PwC. Now in its ninth year, the report tracks developments in the sector from the perspective of Chinese bankers.
“Improving the capability of risk management and control” has been put at the heart of the operations and strategies of Chinese banks, as more than 60% of respondents believe that credit risk remains a major risk factor, while 90% are strongly aware of increasing pressure from the regulators.
Regarding the opportunities brought by supply side structural reforms, Chinese bankers are most enthusiastic about the new markets created by more advanced manufacturing and the new demand driven by increased consumption.
Chinese bankers are also very supportive of green industries and the ‘Made in China 2025’ strategy. As many as 70% of respondents are willing to extend credit and support the manufacturing sector in order to facilitate its restructure and upgrade.