Listed banks came out at the top of a competitiveness ranking list compiled recently by Chinese economists, beating their State-owned heavyweight peers despite their massive recapitalizations by the government.

China Merchants Bank, China Minsheng Banking Corporation and Shanghai Pudong Development Bank, all national joint-stock banks listed on the domestic stock market, dominated the first three places on the list of "Integrated Competitiveness" among all Chinese commercial banks, including the four State-owned banks, 10 joint-stock banks and 112 city commercial banks.

The rankings, believed to be the most comprehensive so far for Chinese commercial banks, were compiled by the Research Centre for China Banking Competitiveness of the Chinese magazine The Banker, and were published on Saturday.

The China Construction Bank (CCB) and Bank of China (BOC), the two State-owned lenders which received a combined US$45 billion capital injection at the end of 2003 from the Chinese Government, ranked fourth and fifth on the list.

The other two State-owned lenders - the Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China - came out 10th and 13th respectively.

"Although China's banking reform has been slow and largely lags behind economic development, the overall competitiveness has been improving in the past few years," said Wang Songqi, editor-in-chief of The Banker and deputy director of the Finance Research Centre under the Chinese Academy of Social Sciences.

The relatively young joint-stock banks grew rapidly in recent years, and made substantial progress in terms of innovation and capital adequacy after listing, mostly in the past 10 years.

The three banks at the top of the "Integrated Competitiveness" list also led eight of the 12 single-indicator lists.

For the remaining four lists, the ICBC, the largest Chinese commercial bank, came top in terms of market influence, the CCB came out first in capital adequacy, while the BOC led the list of international competitiveness.

Source: China Daily

Listed banks came out at the top of a competitiveness ranking list compiled recently by Chinese economists, beating their State-owned heavyweight peers despite their massive recapitalizations by the government.
近日由中国经济学家公布的上市银行竞争力排名中名列前茅的几个银行，击败了他们的国有同行 -- 尽管其雄厚资本由政府提供。
China Merchants Bank, China Minsheng Banking Corporation and Shanghai Pudong Development Bank, all national joint-stock banks listed on the domestic stock market, dominated the first three places on the list of "Integrated Competitiveness" among all Chinese commercial banks, including the four State-owned banks, 10 joint-stock banks and 112 city commercial banks.
同样作为国家参股的上市银行的中国招商银行、中国民生银行和上海浦东发展银行，在包括四家国有银行、10家股份制银行和112家城市商业银行的中国商业银行“综合竞争力”排名中，名列三甲。
The China Construction Bank (CCB) and Bank of China ( BOC ), the two State-owned lenders which received a combined US$45 billion capital injection at the end of 2003 from the Chinese Government, ranked fourth and fifth on the list.
2003年底从中国政府获得注资合计450亿美元的中国建设银行和中国银行这两家国有银行，在该排名表上名列第四和第五。

The other two State-owned lenders - the Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China - came out 10th and 13th respectively.
其余两家国有银行--- 中国工商银行和中国农业银行，分别位列第十和第十三名。

“Although China's banking reform has been slow and largely lags behind economic development, the overall competitiveness has been improving in the past few years," said Wang Songqi, editor-in-chief of The Banker and deputy director of the Finance Research Centre under the Chinese Academy of Social Sciences.
“尽管中国银行业的改革一直以来进展缓慢，并大大落后于经济发展，但是在过去的几年中，整体竞争力在不断地提高。”《银行家》杂志总编辑、中国社科院金融研究中心副主任说道。
The relatively young joint-stock banks grew rapidly in recent years, and made substantial progress in terms of innovation and capital adequacy after listing, mostly in the past 10 years.
相对年轻的股份制银行近年来成长快速，并且在上市后，在改革和资本充足率方面取得实质性进展。（这些股份制银行）大多上市都是过去10年的事。

The three banks at the top of the "Integrated Competitiveness" list also led eight of the 12 single-indicator lists.
这三家位列“综合竞争力”前茅的银行，还在12个单项指标中有8项领先。

For the remaining four lists, the ICBC, the largest Chinese commercial bank, came top in terms of market influence, the CCB came out first in capital adequacy, while the BOC led the list of international competitiveness.
其余的四个单项指标中，中国最大的商业银行---中国工商银行，在“市场影响力”方面领先；中国建设银行在“资本充足率”方面夺冠；而中国银行在“国际竞争力”上名列前茅。