Publication:
China Capital Markets Development Report : China Securities Regulation Commission

dc.contributor.authorQi, Bin
dc.date.accessioned2013-03-11T21:56:35Z
dc.date.available2013-03-11T21:56:35Z
dc.date.issued2008-01
dc.description.abstractThe 'China capital markets development report' provides a good overview of the development of China's capital markets and explores future strategies. The report starts by reviewing historical events in the evolution of China's capital markets which have grown from small and unorganized regional markets into a national market today. By summarizing lessons learned during the market evolution and analyzing major gaps between China's capital markets and more mature markets, the report tries to propose a strategic design and vision for China's capital markets development for the next decade and beyond. Since the commencement of economic reform and opening up, China has gone through significant economic and social changes, and the socialist market economic regime has been established and steadily improved. Between 1979 and 2007, China's Gross Domestic Product (GDP) has been growing above 9 percent annually on average and China has become the fourth largest economy in the World. China's capital markets emerged and developed during the same period. With joint efforts by all relevant parties, China's capital markets have been able to reach a level of development that took many mature markets decades or even a hundred years to achieve. Along the way, the legal and regulatory frameworks, and trading and clearing systems have developed according to international best practice and China's capital markets have been increasingly recognized by international investors. The emergence and development of capital markets has been closely linked to mass production. They are the prerequisite for, and important indicators of, a modern market economy. Capital markets promote the development and improvement of market-driven resource allocation, resulting in the optimization of social resources. As the world financial markets become increasingly global and integrated, competition among capital markets and financial centers around the world is becoming increasingly intensive, leading to a fast-changing landscape in capital markets. The competitiveness and viability of the capital markets have become important components of national competitiveness.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/01/16518660/china-capital-markets-development-report
dc.identifier.doi10.1596/12643
dc.identifier.urihttps://hdl.handle.net/10986/12643
dc.languageEnglish
dc.language.isoen_US
dc.publisherChina Financial Publishing House
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL BANK
dc.subjectASSET-BACKED SECURITIES
dc.subjectASSET-BACKED SECURITY
dc.subjectBACKED BONDS
dc.subjectBACKED SECURITIES
dc.subjectBANK BOND
dc.subjectBANK BOND MARKET
dc.subjectBANK BRANCHES
dc.subjectBANK DEPOSITS
dc.subjectBANK GUARANTEES
dc.subjectBANK LOANS
dc.subjectBANK MARKET
dc.subjectBANKING SECTOR
dc.subjectBLUE CHIP
dc.subjectBOND
dc.subjectBOND FUTURES
dc.subjectBOND ISSUANCES
dc.subjectBOND PRICE
dc.subjectBOND TRADING
dc.subjectBONDS
dc.subjectBOOK-ENTRY
dc.subjectBROKERAGE
dc.subjectBROKERAGE FIRMS
dc.subjectBROKERAGES
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET REFORM
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL MARKETS DEVELOPMENT
dc.subjectCLEARING CORPORATION
dc.subjectCOLLATERAL
dc.subjectCOLLECTIVE INVESTMENT
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL PAPERS
dc.subjectCOMPANY LAW
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONVERTIBLE BOND
dc.subjectCONVERTIBLE BONDS
dc.subjectCORPORATE BOND
dc.subjectCORPORATE BOND MARKET
dc.subjectCORPORATE BONDS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCUSTODY
dc.subjectDEPOSIT
dc.subjectDEPOSITORY COMPANIES
dc.subjectDEPOSITORY SYSTEMS
dc.subjectDERIVATIVES
dc.subjectDEVELOPMENT BANK
dc.subjectDISCOUNT RATES
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC CAPITAL MARKETS
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC DEVELOPMENT
dc.subjectEMERGING MARKETS
dc.subjectENFORCEMENT SYSTEM
dc.subjectEQUIPMENT
dc.subjectEQUITIES
dc.subjectEQUITY MARKET
dc.subjectEXCHANGE CONTROL
dc.subjectEXCHANGE RATES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL RISKS
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFIXED INCOME
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN EQUITY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTORS
dc.subjectFRAUD
dc.subjectFUND MANAGEMENT
dc.subjectFUTURES
dc.subjectFUTURES CONTRACT
dc.subjectFUTURES EXCHANGE
dc.subjectFUTURES EXCHANGES
dc.subjectFUTURES MARKET
dc.subjectFUTURES MARKETS
dc.subjectGLOBAL FINANCIAL STABILITY
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT SECURITIES
dc.subjectHOLDING
dc.subjectINDIVIDUAL INVESTORS
dc.subjectINFLATION
dc.subjectINFORMATION DISCLOSURE
dc.subjectINFORMATION DISCLOSURES
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINITIAL PUBLIC OFFERINGS
dc.subjectINSIDER TRADING
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINSURANCE INDUSTRIES
dc.subjectINTEREST PAYMENT
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERESTS OF INVESTORS
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINTERNATIONAL INVESTMENT BANKS
dc.subjectINTERNATIONAL INVESTORS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTING
dc.subjectINVESTMENT CORPORATION
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTOR BASE
dc.subjectINVESTOR CONFIDENCE
dc.subjectIPO
dc.subjectISSUANCE
dc.subjectJOINT STOCK COMPANIES
dc.subjectJOINT STOCK COMPANY
dc.subjectLEGAL ENVIRONMENT
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL FRAMEWORKS
dc.subjectLEGAL SYSTEM
dc.subjectLEGAL SYSTEMS
dc.subjectLIMITED LIABILITY
dc.subjectLIQUIDATION
dc.subjectLIQUIDITY
dc.subjectLOCAL GOVERNMENTS
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET DEPTH
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET DISCIPLINE
dc.subjectMARKET DISCIPLINES
dc.subjectMARKET ECONOMY
dc.subjectMARKET EFFICIENCY
dc.subjectMARKET INFORMATION
dc.subjectMARKET MECHANISM
dc.subjectMARKET MECHANISMS
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET SIZES
dc.subjectMARKET STABILITY
dc.subjectMARKET TRANSPARENCY
dc.subjectMATURE MARKET
dc.subjectMATURE MARKETS
dc.subjectMATURITY
dc.subjectMINORITY INVESTORS
dc.subjectMINORITY SHAREHOLDERS
dc.subjectMONETARY POLICY
dc.subjectMORTGAGE
dc.subjectNATIONAL BOND
dc.subjectNATIONAL BOND MARKET
dc.subjectNATIONAL SECURITIES
dc.subjectNON-PERFORMING LOAN
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPAPER CERTIFICATES
dc.subjectPAR VALUE
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPENSION SYSTEM
dc.subjectPORTFOLIOS
dc.subjectPRICE CHANGE
dc.subjectPRICE VOLATILITY
dc.subjectPRIMARY MARKET
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC OFFERING
dc.subjectPUBLIC OFFERINGS
dc.subjectREAL ESTATE INVESTMENTS
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREGULATORY SYSTEM
dc.subjectREPO
dc.subjectREPO TRANSACTIONS
dc.subjectREPOS
dc.subjectRETAIL INVESTORS
dc.subjectRETAIL TRADING
dc.subjectRETURN
dc.subjectRULE OF LAW
dc.subjectSECONDARY BOND MARKET
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKETS
dc.subjectSECONDARY TRADING
dc.subjectSECURITIES
dc.subjectSECURITIES EXCHANGES
dc.subjectSECURITIES INDUSTRY
dc.subjectSECURITIES LAW
dc.subjectSECURITIES MARKET
dc.subjectSECURITIES MARKETS
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT SYSTEM
dc.subjectSETTLEMENT SYSTEMS
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSTAMP DUTY
dc.subjectSTANDARD CONTRACT
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGES
dc.subjectSTOCK ISSUANCE
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKET DEVELOPMENT
dc.subjectSTOCK MARKETS
dc.subjectSTOCK TRADING
dc.subjectSTOCKS
dc.subjectSTRATEGIC INVESTORS
dc.subjectT-BOND
dc.subjectTAX
dc.subjectTRADING
dc.subjectTRADING SYSTEM
dc.subjectTRADING SYSTEMS
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTREASURY
dc.subjectTREASURY BOND
dc.subjectTREASURY BONDS
dc.subjectUNDERWRITER
dc.subjectUNDERWRITERS
dc.subjectWARRANTS
dc.subjectWORLD FINANCIAL MARKETS
dc.titleChina Capital Markets Development Report : China Securities Regulation Commissionen
dspace.entity.typePublication
okr.date.disclosure2012-06-28
okr.date.doiregistration2025-05-07T11:08:28.150126Z
okr.doctypeEconomic & Sector Work::Foreign Trade, FDI, and Capital Flows Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2008/01/16518660/china-capital-markets-development-report
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid662451468217157457
okr.identifier.externaldocumentum000386194_20120719011843
okr.identifier.internaldocumentum16518660
okr.identifier.report71271
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/07/19/000386194_20120719011843/Rendered/PDF/712710ESW0P09906028020120Box370067B.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.sectorFinance
okr.themeInternational financial standards and systems
okr.themeFinancial and private sector development
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicEconomic Theory and Research
okr.unitFinancial & Private Sector Dept. (EASFP)
okr.volume1 of 1
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