关键词: 对外开放, 外资持股, 流动性创造, 上市银行

Abstract: This paper uses the data of 36 Chinese listed banks from 2007Q1 to 2020Q2 to examine the impact of foreign ownership on bank liquidity creation The result shows that：First，foreign ownership reduces bank liquidity creation，which is mainly reflected in the inhibiting effect on the assetside and liabilityequityside bank liquidity creation，and in the promoting effect on the offbalance sheet bank liquidity creation Second，foreign ownership reduces bank liquidity creation mainly through the funding channel that replenishes bank capital，the governance channel that improves bank internal governance，the knowledge channel that enhances bank financial innovation，and the technology channel that improves bank digitalization Third，with the increase of foreign ownership，stateowned commercial banks and jointstock commercial banks increase liquidity creation，urban commercial banks reduce liquidity creation，while rural commercial banks show no significant changes on liquidity creation Fourth，foreign ownership promotes bank liquidity creation when economic policy uncertainty rises and during highlevel opening period

Key words: openingup, foreign ownership, liquidity creation, listed banks