Finance in Rural China

Finance in Rural China PDF Author: Xingyuan Feng
Publisher: Taylor & Francis
ISBN: 1000843440
Category : Business & Economics
Languages : en
Pages : 221

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Book Description
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.

Finance in Rural China

Finance in Rural China PDF Author: Xingyuan Feng
Publisher: Taylor & Francis
ISBN: 1000843440
Category : Business & Economics
Languages : en
Pages : 221

Get Book

Book Description
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.

China in the Global Economy Rural Finance and Credit Infrastructure in China

China in the Global Economy Rural Finance and Credit Infrastructure in China PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264015299
Category :
Languages : en
Pages : 392

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Book Description
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.

Financial Institutions in Rural China

Financial Institutions in Rural China PDF Author: Tong Li
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 214

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Book Description


China's Rural Financial System

China's Rural Financial System PDF Author: Yuepeng Zhao
Publisher: Routledge
ISBN: 1136929916
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
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.

Rural Finance and Credit Infrastructure in China

Rural Finance and Credit Infrastructure in China PDF Author: Organisation for Economic Co-operation and Development
Publisher: OECD Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 396

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Book Description
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.

Prosper or Perish

Prosper or Perish PDF Author: Lynette H. Ong
Publisher: Cornell University Press
ISBN: 0801465516
Category : Business & Economics
Languages : en
Pages : 231

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Book Description
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.

Credit Systems for the Rural Poor in China

Credit Systems for the Rural Poor in China PDF Author: Ling Zhu
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
The general aim of this study is to provide an analysis of the operation of China's rural financial system.

Financing China's Rural Enterprises

Financing China's Rural Enterprises PDF Author: Dr Jun Li
Publisher: Routledge
ISBN: 1134434049
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
An analysis of the financing of China's rural enterprises over the past two decades. Dicusses key aspects of rural enterprise development in China, including the role of state policy, rural financial institutions and local government.

Rural Finance in Poverty-Stricken Areas in the People's Republic of China

Rural Finance in Poverty-Stricken Areas in the People's Republic of China PDF Author: Xuechun Zhang
Publisher: Asian Development Bank
ISBN: 9292547631
Category : Business & Economics
Languages : en
Pages : 531

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Book Description
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.

New Directions in China's Agricultural Lending

New Directions in China's Agricultural Lending PDF Author: Fred Gale
Publisher: DIANE Publishing
ISBN: 9781422316207
Category : Business & Economics
Languages : en
Pages : 46

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Book Description
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.