Chinanews, Beijing, April 12 - China Indexes conducted a survey on the life of new middle-class people in 12 big cities in China, finding that 77.8% of them favor foreign banks, despite the fact that only 18.9% of them know foreign banks thoroughly.

 

The good service quality of foreign banks is the main reason for their popularity, as 61% of the respondents say so. Their good operation has also been accepted by 44.8% of the respondents. The transparency of the charges of the foreign banks is a bonus advantage, too.

 

57% of the respondents believe foreign banks will greatly affect domestic commercial banks, while another 33% don't.

 

Only 6.9% of the respondents don't think that they will choose foreign banks.