Development and Reform of China's Banking System aims to present the trajectory of the reform and development of China's banking industry from 1978 to 2008 and summarize the "Chinese wisdom" in the transformation of China's banking industry from "treasurer" to "political banker" and eventually, "banker." It starts with a review of the paths of the banking reform in China at different stages and explores how the reform and growth of China's banking industry has contributed to China's economy and finance. In addition, it sums up the experience and lessons of China's banking industry reform, highlighting the path of adaptive evolution and the various economic theories adopted in the process. Drawing on the achievements of international banking and based on the Chinese context, the book also envisages the future direction of China's banking industry.