China's banking & financial markets : the internal research report of the Chinese government / / Li Yang, editor-in-chief

• Record Nr.: UNINA9910830868303321
• Pubbl/distr/stampa: Singapore : , : John Wiley & Sons (Asia) Pte. Ltd., , 2007; ©2007
• ISBN: 1-119-20775-4; 1-118-58028-1
• Descrizione fisica: 1 online resource (512 p.)
• Disciplina: 330
• Soggetti: Banks and banking - China; Finance - China; Capital market - China; China Economic conditions Periodicals; China Economic policy Periodicals
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references at the end of each chapters and index.
• Nota di contenuto: Cover; Contents; Title page; Copyright page; Preface; Acknowledgments; Contributors; Advisory Committee; About the Editors; About the Sponsor; Part I: Macro-economy and Policies; 1: The Macroeconomic Situation; Economic growth; Investment and savings; Prices; Business enterprise sectors; Resident sectors; Government sectors; 2: Financial Industry Performance and Monetary Policy Operation; Financial performance and development; Monetary-policy operation; Appendix to Part I: An Analysis of China's Fund Flow in 2004; Financing activities of the domestic non-financial sector; Features of fund-flow changesDiscussion; Part II: Financial Institutions; 3: The Banking Industry; Overview; Change in the supervision and policy environment and its impact; State-owned commercial banks; Shareholding commercial banks; Policy-oriented banks; Urban commercial banks; Rural banking institutions; Foreign-funded banks; 4: The Insurance Industry; Overview; Fast-growing insurance market; Operation of insurance market: Non-life insurance; Market operations: ; Life insurance; Application of insurance capital; Insurance supervision; 5: The Trust Industry; Industry developments; The trust market in 2005Trust companies in 2005; Changes in supervision and administration; Prospects for development; 6: The Securities Industry; Reform of share-splitting merger; The Law of Security and the Law of Company; Restructuring securities companies; Protecting securities investors; Strengthening supervision of listed companies; Continuous strengthening of institutional investors; Innovation in securities products; Inquiry system for stock offerings; Appendix I to Part II: Asset-management Companies in China; Appendix II to Part II: China's First Money-broking Company; Appendix III to Part II: The National Council for Social Security FundHistorical evolution and organizational structure; Investment and management; Investment evaluation and restriction; Future development and expectation; Part III: Financial Markets; 7: The Inter-bank Money Market; Outline; Fund supply; Inter-bank credit market; Collateralized Repo; Sell/buy-back; Central Bank bills; Short-term financing bonds; Bills of exchange (drafts); 8: The Inter-Bank Bond Market; Bond issue market; Business volume and liquidity; Inter-bank bond market: Investor structure; Re-launch of bond derivatives; Changes to the term structure of bond-market interest rates9: The Stock Exchange Market; The stock market; Stock exchange bond market; Funds; 10: The Futures Market; The futures market in 2005: An overview; The futures exchanges nationwide; Shanghai Futures Exchange; Zhengzhou Commodity Exchange; Futures brokers; 11: The Gold Market; Historical development; Current developments; Operation of the gold market in 2005; Problems; Prospects for China's gold market; Part IV: Balance of Payments and Exchange Rate; 12: The Balance of Payments and Reform of the RMB Exchange Rate; Balance of payments; Reform of RMB exchange rate and development of foreign-exchange market
• Sommario/riassunto: ""This is a very timely book. With the recapitalization and reform of China's banking sector now well under way, the banks are on the brink of a new era of growth and expansion. This work is the definitive reference on the banking sector in China, and is an essential tool for anyone seeking to understand the dynamics of financial intermediation on the Mainland. It sets out the facts, free of the judgment calls that so often cloud the true picture of the health of China's banking system.""--Dr. David K.P. Li, Chairman and Chief Executive, The Bank of East Asia, Limited""As China con