1. The advantage of China's corporate governance model is China's characteristic corporate governance mechanism, and it always adheres to the leadership of China's * * * production party. Adhering to the Party's leadership is the most essential feature of Socialism with Chinese characteristics and the unique advantage of state-owned enterprises. The biggest advantage of the corporate governance mechanism with China characteristics lies in that by giving full play to the core role of the Party's leadership, it is conducive to widely collecting knowledge from all parties, constantly enhancing unity and coordination, fully mobilizing the enthusiasm and creativity of all parties, and promoting the sustainable reform and development of large commercial banks with collective wisdom and collective strength.
2. The shortcoming of China's corporate governance model is that the major shareholders manipulate the shareholders' meeting. The shareholders' meeting is the highest authority of the company and has the right to decide all major issues of the company. Because its resolution rule is "one share, one vote system", it opens the door for major shareholders to manipulate the shareholders' meeting for some ulterior purpose.