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. 2023 Dec 2;10(1):e22850. doi: 10.1016/j.heliyon.2023.e22850

Table 9.

Recommendations regarding credit business operations for commercial banks of China.

Recommendations Summary
1. Resource Optimization:
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    Identify bottlenecks in resource allocation and operational procedures.
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    Streamline business workflows to increase productivity.
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    Cut operating costs to enhance production efficiency.
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    Prioritize personnel training and skill development for improved fixed asset usage.
2. Technological Innovation:
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    Consistently invest in technological innovation.
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    Incorporate new technologies, digital solutions, and intelligent systems.
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    Strengthen cooperation with tech firms for financial technology adoption.
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    Advance overall technical skills through collaboration.
3. Operational Scale Optimization:
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    Grow size through mergers, acquisitions, or market exploration.
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    Optimize operational scale for economies of scale.
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    Focus on enhancing internal management effectiveness for increased revenue and profit.
4. Performance Assessment:
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    Establish an efficient performance assessment system.
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    Regularly monitor and evaluate changes in various indicators.
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    Promptly detect problems and capitalize on development opportunities.
5. Comparative Analysis:
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    Conduct a comparative study with other banks in the same sector.
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    Learn from industry best practices to continuously improve competitiveness.