ANBOUND's senior fellow He Jun believes that"market-oriented dividend"exists in China. In essence, the market-oriented dividend is a type of“reform-oriented dividends”that depends on the degree of market openness. The government does not need to invest additional resources in many areas,and can stimulate new vitality into the market via greater market liberalization. China’s banking industry is currently facing with the market-oriented dividend. Align with the liberalization in China’s banking market, the banking industry is facing a new wave of capital investment enthusiasm.