Under　the　background　of　economic　globalization,　interest　rate　risk　has　become　one　of　the　most　important　risks　for　commercial　banks　in　China.　However,　Chinese　commercial　banks　are　not　sensitive　to　changes　in　interest　rates　because　of　the　long-term　control　of　interest　rate.　With　the　development　of　the　process　of　marketization　of　interest　rates,　the　interest　rate　risk　of　Chinese　commercial　banks　will　increase.　Based　on　the　interest　rate　sensitivity　gap　model,　we　analyze　the　interest　risk　of　the　commercial　bank　which　is　brought　by　rate　adjustment　in　China.　Then　we　make　some　recommendations　for　risk　management.　©　2011　IEEE.