Following the continuous downturn in China's economy as well the emergence of risks, times are tough for the banking industry in China, from large state-owned banks to small commercial city banks.

Of which, rural commercial banks have been hit particularly hard and they are facing many problems.

The research team at ANBOUND Consulting is of the view that in order to overcome these problems, China should reduce the appraisal pressure on the rural commercial banks and strengthen their management capacity as well as expanding their talent pool. There should be more efforts in creating new business and market opportunities as well as further tap into the rural financial market.