Download or read book China s Rural Financial System written by Yuepeng Zhao and published by Routledge. This book was released on 2010-10-04 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the credit needs and the borrowing behaviour of rural households in China in recent years. It is based on in-depth analysis of the status of households’ indebtedness and borrowing behaviour; the performance of Rural Credit Cooperatives (RCCs), as well as resources of informal finance. Before 2006, RCCs are virtually the only source of formal credit for rural households in China and were subject to a series of reforms from 1996 to 2003. The reforms aimed to transform RCCs into market-oriented institutions and, more importantly, help them meet the increasing demands of farmers for varied financial services, and thereby contribute effectively to economic transformation in rural China. Based on a micro-study of three villages, at different stages of development with dissimilar economic characteristics in Jiangxi province, this book investigates the sources of finance, formal and informal, in rural areas and the different types of credit that farmers require. It examines the patterns of credit required by rural households at different stages of agricultural processes, and the institutions from which they obtain loans. It demonstrates the importance of innovative institutional arrangements in rural China and new instruments that give farmers access to formal rural financial markets and enable them to utilize credit effectively, concluding that further reforms to RCCs are necessary for RCCs to be truly effective.

Download or read book China in the Global Economy Rural Finance and Credit Infrastructure in China written by OECD and published by OECD Publishing. This book was released on 2004-04-23 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents the proceedings of a conference that took stock of achievements China has made in agricultural finance and credit infrastructure and discussed how China could best address future challenges in this area.

Download or read book Financing China s Rural Enterprises written by Dr Jun Li and published by Routledge. This book was released on 2003-08-29 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rural enterprises have played an important role in the extraordinary success of China's economy over the last two decades. They have greatly increased off-farm employment in rural areas and brought substantially increased incomes and standards of living to many rural people. Jun Li provides a comprehensive analysis of the financing of China's rural enterprises over the reform period, and discusses the key aspects of rural enterprise development in China, including the growth of rural enterprises and enterprise-level behaviour, the role of state policy, rural financial institutions and local government. Brings new and challenging analysis to the current debate on the Chinese financial system and the financing of SMEs.

Download or read book Rural Finance and Credit Infrastructure in China written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 2004 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Chinas rural economy has made significant progress over the last twenty-five years, rural finance and institutional reforms are still lagging behind. This publication reviews the findings of an OECD meeting held in October 2003 and organised with the Chinese Government (with participants including Chinese policy makers and industry experts, as well as representatives from the World Bank, the FAO, the European Bank for Reconstruction and Development and the Asian Development Bank). The meeting discussed options for improving the countrys rural finance and institutional framework, as well as considering the role that the Chinese government could play within the reform process.

Download or read book Finance in Rural China written by Xingyuan Feng and published by Taylor & Francis. This book was released on 2023-03-24 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers insights into the scholarly debates on formal and informal finance in rural China and fills a gap in the existing literature. The book provides an overview of the overall development of rural finance in China and explains the necessity of embarking on the pathway toward rural financial pluralization through the "Local Knowledge Paradigm". The authors also analyze formal and informal financial development and inclusive finance (including digital inclusive finance) in rural China in various dimensions. This book aids the understanding of the structure of the rural financial system and the operations of rural financial service providers in China. It will be a useful reference for those researching and interested in rural economy and rural finance.

Download or read book Rural Household Finance in China written by Dijun Fan and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since China started the "revolution" of the rural economy in 1978, a series of reforms has been implemented in the area of rural finance, focusing on institutional changes. Looking back on these historical changes, there is still a long ways to go. China's central government has put forward a new concept in the rural financial system. This book analyzes the financial and rural economic reform of China. With cases from Fengyang County and Anhui Province (the birthplace of Chinese rural reform), the book looks at how to set up a modern rural financial system under the framework of incentive compatible mechanism theory, which was advanced by Nobel prize winners L. Hurwicz, Myeson, and Maskin. It summarizes the reform of China's rural economics and the function of financial cooperation within this policy. *** Librarians: ebook available on ProQuest and EBSCO [Subject: Chinese Studies, Asian Studies, Economics, Rural Studies, Sociology]

Download or read book China s Rural Development Road written by Xiaoshan Zhang and published by Springer. This book was released on 2017-10-27 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book systematically reviews the experiences and problems encountered in the development of China’s rural areas over the past three decades since the start of the country’s economic reform. As such, it addresses the most important aspects in terms of China’s rural communities, farmers and agriculture from the perspective of development, such as the agricultural management system, rural land tenure system, rural fiscal and taxation system, financial system, science and technology system, rural governance structure, poverty alleviation, environmental protection, etc. The approach employed combines essential theories, laws, and policy strategies with rural development practice in order to analyze the success stories and lingering problems, to explore the causes of both, and to offer an outlook on the future of rural development.

Download or read book Financial Inclusion in China written by Hongmei Zhu and published by Springer Nature. This book was released on 2023-10-23 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to provide first-hand information for readers who are concerned about inclusive finance and sustainable development by summarizing China’s policy measures and practical innovations in the development of inclusive finance and expects to provide China’s experience for the development of inclusive finance in more regions. From a worldwide perspective, a large number of people had been excluded from formal financial services for a long time due to various factors. Even in developed economies with sound financial systems, relatively disadvantaged groups are often denied access to effective financial services. In 2005, the United Nations proposed the concept of Inclusive Finance, emphasizing the extension of financial services to less developed regions and low-income groups in society at an affordable cost by improving financial infrastructure and providing them with reasonably priced and convenient financial services. In 2015, the United Nations adopted the 2030 Agenda for Sustainable Development, making inclusive finance an important focus for achieving sustainable development. It has become a global consensus to vigorously develop inclusive finance. China has attached importance to improving financial services for disadvantaged groups such as rural residents, micro-, small and medium enterprises (MSMEs) and others. In 2013, Developing “Inclusive Finance” became China’s national strategy. In 2015, China formulated the Plan for Promoting the Development of Inclusive Finance (2016-2020). In 2016, during its presidency of the Global Partnership for Financial Inclusion (GPFI), China proposed the issue of "Digital Financial Inclusion" and issued the G20 High-level Principles for Digital Financial Inclusion at the G20 Hangzhou Summit in the same year. Through policy guidance and active practice by the financial sector, China has gradually formed a unique development model of inclusive finance and achieved remarkable successes. Physical outlets, service machines and online service channels have been improved, and basic financial services have generally covered both urban and rural areas. The financial services for rural households and MSMEs have improved significantly. The efficiency and convenience of financial services have been significantly improved, and the satisfaction of financial services has significantly increased. China's experience in inclusive finance has been recognized by the international community. In 2017, five cases from China were selected in the G20 report on Digital Financial Inclusion: Emerging Policy Approaches.

Download or read book Accelerating China s Rural Transformation written by Albert Nyberg and published by World Bank Publications. This book was released on 1999-01-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: QUOTE...two issues remain central to the [Chinese] government's rural development objectives: food security and poverty alleviation. China has made remarkable progress in meeting these goals: the economy, including the rural sector, has grown at phenomenal rates during the reform period.QUOTEWhile China's rural products, input, labor, and land markets are improving, they remain nascent. China still needs to foster several critical institutions, such as an effective fiscal system, a more efficient rural financial system, a workable land tenure arrangement, and a revamped trade and investment environment for agriculture. The primary purpose of this report is to identify and consolidate information on these crucial issues that impact on rural development in China. This report assesses strategic options from the perspective of efficiency, equitable development, and growth. It is intended to assist government officials and World Bank staff to prioritize policy and institutional reforms and public investment decisions in the rural sector.

Download or read book The Handbook of China s Financial System written by Marlene Amstad and published by Princeton University Press. This book was released on 2020-11-17 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, in-depth, and authoritative guide to China's financial system The Chinese economy is one of the most important in the world, and its success is driven in large part by its financial system. Though closely scrutinized, this system is poorly understood and vastly different than those in the West. The Handbook of China’s Financial System will serve as a standard reference guide and invaluable resource to the workings of this critical institution. The handbook looks in depth at the central aspects of the system, including banking, bonds, the stock market, asset management, the pension system, and financial technology. Each chapter is written by leading experts in the field, and the contributors represent a unique mix of scholars and policymakers, many with firsthand knowledge of setting and carrying out Chinese financial policy. The first authoritative volume on China’s financial system, this handbook sheds new light on how it developed, how it works, and the prospects and direction of significant reforms to come. Contributors include Franklin Allen, Marlene Amstad, Kaiji Chen, Tuo Deng, Hanming Fang, Jin Feng, Tingting Ge, Kai Guo, Zhiguo He, Yiping Huang, Zhaojun Huang, Ningxin Jiang, Wenxi Jiang, Chang Liu, Jun Ma, Yanliang Mao, Fan Qi, Jun Qian, Chenyu Shan, Guofeng Sun, Xuan Tian, Chu Wang, Cong Wang, Tao Wang, Wei Xiong, Yi Xiong, Tao Zha, Bohui Zhang, Tianyu Zhang, Zhiwei Zhang, Ye Zhao, and Julie Lei Zhu.

Download or read book Credit Systems for the Rural Poor in China written by Ling Zhu and published by . This book was released on 1997 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: The general aim of this study is to provide an analysis of the operation of China's rural financial system.

Download or read book Development on Loan written by Nicholas Loubere and published by Transforming Asia. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Key to China's plans to promote rural development is the de-marginalisation of the countryside through the incorporation of rural areas into the urban-based market-oriented financial system. For this reason, Chinese development planners have turned to microcredit -- i.e. the provision of small-scale loans to 'financially excluded' rural households -- as a means of increasing 'financial consciousness' and facilitating rural de-marginalisation. Drawing on in-depth fieldwork in rural China, this book examines the formulation, implementation and outcomes of government-run microcredit programmes in China-illuminating the diverse roles that microcredit plays in local processes of socioeconomic development and the livelihoods of local actors. It details how microcredit facilitates de-marginalisation for some, while simultaneously exacerbating the marginalisation of others; and exposes the ways in which microcredit and other top-down development strategies reflect and reinforce the contradictions and paradoxes implicit in rural China's contemporary development landscape.

Download or read book Rural Finance in Poverty Stricken Areas in the People s Republic of China written by Xuechun Zhang and published by Asian Development Bank. This book was released on 2010-05-01 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local financial institutions represent the best choices in the financial system for small and medium-sized enterprises and farming households. Government agencies in the People's Republic of China (PRC) have proposed policies that would relax market entry criteria and allow the creation of diversified rural financial institutions. These measures will help improve PRC's financial market structure, promote better rural financial services, enable financing of labor-intensive economic activities, and promote socioeconomic development. This publication offers an overview of rural finance in the PRC, examines current financial policy and models, and offers recommendations for future reform measures.

Download or read book The Evolution of Agricultural Credit during China s Republican Era 1912 1949 written by Hong Fu and published by Springer. This book was released on 2018-05-30 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the modern era, China’s rural credit landscape is transforming at a dizzying rate, but, in terms of financial development, these changes represent a second attempt in the past 100 years to reform China’s credit institutions and provide credit access to farmers. The first period was during the Republican era, between 1912 and 1949, which saw the first attempts at formalizing rural credit with the Industrial and Agricultural Banks. This book uses primary data and papers to present a full picture of the difficult conditions China faced during the Republican era in order to explain the myriad reforms to the country's rural credit system. Fu and Turvey build a narrative around these developments based on the foundation of thousands of years of dynastic rule in order to explore the specific impacts of drought, floods, famine, communist insurgencies, Japanese expansionism, and more on credit access, supply and demand. They consider powerful personalities—such as J.B. Taylor, John Lossing Buck, Paul Hsu and Timothy Richards—and influential institutions—from Nanking and Nankai Universities to the China International Famine Relief Commission—that sought ways to end the cycle that trapped the vast majority of Chinese farmers in poverty. This rich, wide-ranging, and stimulating work will appeal both to readers focused on present day China and those who want to understand China’s rural economy and credit policies in a historical context.

Download or read book New Directions in China s Agricultural Lending written by Fred Gale and published by DIANE Publishing. This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has substantially boosted lending to farmers & agribus. in recent years. The balance of loans to farmers doubled between 2001 & 2005. Loans for agribus. & rural infrastructure rose as well. Rural credit coop. & banks that lend to ag. are being reformed & commercialized but ag. lending is still largely policy-driven. The boost in farm lending is one of several policy initiatives to aid farmers. Chinese ag. remains dominated by extremely small farms using little physical capital, but rising investment is helping the sector diversify & is improving the quality & safety of ag. produce. The campaign to inject capital into rural China is enabled by an abundant supply of domestic savings & large inflows of foreign investment. Illustrations.

Download or read book Chinese Rural Banking Situation and the Reform of the Main Rural Financial Supplier written by Junhong Meng and published by Nomos Verlagsgesellschaft. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the biggest problems now hampering China's further development is the discrepancy between rural and urban areas. The Chinese government tries to solve the problem using the urbanization strategy for rural areas. To facilitate this process, a solid, creditable and sustainable financial system is required. This book describes the answer of the Chinese government to this question and analyses the reform and the newest development of Chinese rural financial market. Special focus is given to the reform of Rural Credit Cooperatives, which are the dominant financial institutions in Chinese rural financial market. The Chinese banking supervisory indicators are used to evaluate the reform results achieved until now.

Download or read book Prosper or Perish written by Lynette H. Ong and published by Cornell University Press. This book was released on 2012-09-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The official banking institutions for rural China are Rural Credit Cooperatives (RCCs). Although these co-ops are mandated to support agricultural development among farm households, since 1980 half of RCC loans have gone to small and medium-sized industrial enterprises located in, and managed by, townships and villages. These township and village enterprises have experienced highly uneven levels of success, and by the end of the 1990s, half of all RCC loans were in or close to default, forcing China’s central bank to bail out RCCs. In Prosper or Perish, Lynette H. Ong examines the bias in RCC lending patterns, focusing on why the mobilization of rural savings has contributed to successful industrial development in some locales but not in others. Interweaving insightful and theoretically informed discussions of rural credit, development, governance, and bank bailouts, Ong identifies various sources for China’s uneven development. In the highly decentralized fiscal environment of the People’s Republic, successful industrialization has significant implications for rural governance. Local governments depend on revenue from industrial output to provide public goods and services; unsuccessful enterprises starve local governments of revenue and result in radical cutbacks in services. High peasant burdens, land takings without adequate compensation by local governments, and other poor governance practices tend to be associated with unsuccessful industrialization. In light of the recent liberalization of the rural credit sector in China, Prosper or Perish makes a significant contribution to debates within political science, economic development, and international banking.