Abstract: Commercial bank liquidity risk is taken more seriously after the financial crisis in 2007.China has actively promoted its new risk regulatory standards since it joined the Basel Committee on banking supervision in March,2009.Liquidity risk stress test is a prospective method for quantitative analysis.It can predict the liquidity risk tolerance of commercial banks under extreme economic scenarios and make targeted business policy adjustments to prevent liquidity risk.Many financial institutions began to pay attention to liquidity risk stress test after the financial crisis;however,compared with international advanced level,China's commercial banks' liquidity risk stress test still exists shortage in factor selection,model construction and data integrity because of its late start.Therefore,it is necessary to make attempts and innovation in factor selection of liquidity risk stress test.

Key words: liquidity risk, stress test, commercial bank, Basel Committee on Banking Supervision