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Financing China's Rural Enterprises by Dr Jun Li,Jun Li Pdf
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.
China in the Global Economy Rural Finance and Credit Infrastructure in China by OECD Pdf
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.
Rural Enterprises in China by Harry X. Wu,Christopher Findlay,Andrew Watson Pdf
How and why did the rural enterprise sector get so big in China? This book has the answers. That sector is owned and operated by rural communities. The book explains why these enterprises have been growing so fast, and it explores the implications of their growth.
Rural Finance and Credit Infrastructure in China by Organisation for Economic Co-operation and Development Pdf
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.
China's Rural Financial System by Yuepeng Zhao Pdf
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.
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.
Author : Jun Li Publisher : University of Hawaii Press Page : 170 pages File Size : 49,6 Mb Release : 2003-02-28 Category : Business & Economics ISBN : 0824827449
Rural enterprises have played an important role in the extraordinary success of China’s economy over the last twenty years. This study comprehensively examines the financing of China’s rural enterprises over the reform period and discusses the key elements driving rural enterprise development in China, including the growth of rural enterprises and enterprise-level behavior, the role of state policy, rural financial institutions, and local government controls.
This collection of papers presented at an international conference in 1987 provides a comprehensive analysis of China's booming rural non-state industrial sector, both collective and private.
China's Rural Industrialization Policy by S. Cheng Pdf
This book is a comprehensive and positive study of the special pattern of China's industrialization and economic development, covering all of the relevant, main policies (more than one hundred) from 1949 to the twenty-first century.
Transforming Rural Communities in China and Beyond by Ying Zhu,Hong Lan,David A. Ness,Ke Xing,Kris Schneider,Seung-Hee Lee,Jing Ge Pdf
This book represents one of the first attempts by a multidisciplinary research team, encompassing the social sciences, business, architecture and planning, engineering, and finance and economics, to help rural communities discover sustainable and self-reliant paths to development and transformation. The opening chapter outlines the background of the research, its importance in the context of China and other countries, the rationale for choosing the case study communities in rural China, and the composition of the research team. Chapter 2 explores key issues in the role of social entrepreneurship and leadership in rural community development. Chapter 3 analyses a green platform for a pilot transaction of China forest carbon sinks led by the Huadong Forestry Exchange. The fourth chapter examines carbon trade, forestry land rights, and the livelihoods of farmers in rural Chinese communities. Chapter 5 explores alternative energy development in rural Chinese communities, where the poor are often disproportionately dependent on fuel wood and solid biomass, causing environmental degradation, reduced productivity and the decline of income generating opportunities. Chapter 6 examines and tests the proposition that stronger communities will result from ‘connected up’, holistic, synergistic and inclusive planning of services and supporting infrastructure. Chapter 7 analyzes information and communications technology (ICT) based service innovations for supporting rural community enterprises. Chapter 8 highlights key elements of stronger rural communities, drawing together the themes and proposals of preceding chapters and constructing an integrated model. The authors demonstrate that interconnected community enterprises based on clean forest products, forest carbon and ecotourism can be underpinned by local infrastructure enterprises such as renewable energy, water, waste management, ICT and transport, and financial mechanisms like carbon finance, all involving skills development, leadership and social entrepreneurship coupled with corporate and investment partnerships. Such interconnected approaches are expected to generate increased employment and prosperity, improve social livelihoods, and benefit the environment.
This book analyses the important role of agribusiness and rural enterprises in economic growth and development. China’s inclusive development of agribusiness and rural enterprises has played a pivotal role in economic growth, sustainable development and poverty reduction. This book analyses how market, price and institution are important factors for China’s inclusive development of agribusiness and rural enterprises. Incentive property rights of farming lands have impacted the allocation efficiency of resources in markets, which contributed to the growth of its agro-industrial development and the families-agribusiness. The technological changes contributed to the agricultural growth in China pre and post economic reform phases. The book introduces the combination development approach (CDA) of agribusiness and rural enterprises. The combination development approach of agribusiness and rural enterprises facilitates developing countries to upgrade into emerging economies and industrial economies. The book presents theoretical perspectives of development economics, and it introduces cutting-edge international development issues, and China’s international economic cooperation on international trade and enterprises development. New technology and information technology bring new business opportunities to smallholder farmers in transitional economies and developing countries to access global value chain in the future.
Financial Inclusion in China by Hongmei Zhu,Wenting Zhang Pdf
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.
United States. Congress. House. Committee on Small Business. Subcommittee on Rural Enterprises, Agriculture, and Technology
Author : United States. Congress. House. Committee on Small Business. Subcommittee on Rural Enterprises, Agriculture, and Technology Publisher : Unknown Page : 76 pages File Size : 49,9 Mb Release : 2006 Category : China ISBN : PSU:000058932988
Chinese Barriers to Trade by United States. Congress. House. Committee on Small Business. Subcommittee on Rural Enterprises, Agriculture, and Technology Pdf
