The replacement of old growth drivers with new ones of China’s real economy, reflected on the driving forces of finance, is the replacement of commercial banks with investment banks as the leading financial production capacity. Investment banks are the new driving force of finance that cultivates China's new economy and new cycles.Historically, China's banking-dominated financial system has played an indelible historical role in the process of industrialization since China's reform and opening up. Currently, in order to maintain the stability of the national balance sheet and exercise monetary and credit policies, commercial banks still need to assume the mainstay role in terms of inventory. However, now that China is undergoing unprecedented changes, the banking industry, as the mainstay of the financial system, needs to carry out a new round of supply-side reforms--commercial banks being more commercial, and gradually becoming investment banks.However, it is a pity that in the process of evolution from commercial banks to investment banks, a false or half-true or mutated intermediate specie---shadow banking has emerged. One of the goals of financial supply-side reform is to build a suitable path or ecological climate, so that mutated shadow banks or fake investment banks can successfully evolve into true investment banks that spawn new momentum for China's economy on the asset side.
