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 dversified 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. Rural Finance in Poverty-Stricken Areas in the People's Republic of China offers an overview of rural finance in the PRC, examines current financial policy and models and offers recommendations for future reform measuresAbout. the. Authors. Zhang Xuechun, PhD in Economics, Research Bureau, Peoplea#39;s Bank of China. Prior to joining the Peoplea#39;s Bank of China, Zhang Xuechun worked for the Asian Development Bank, the International Monetary Fund, theanbsp;...
|Title||:||Rural Finance in Poverty-Stricken Areas in the People's Republic of China|
|Author||:||Asian Development Bank|
|Publisher||:||Asian Development Bank - 2010-05-01|