Publication:
China : Financial Sector Assessment

dc.contributor.authorWorld Bank
dc.contributor.authorInternational Monetary Fund
dc.date.accessioned2013-09-27T18:47:35Z
dc.date.available2013-09-27T18:47:35Z
dc.date.issued2011-11
dc.description.abstractThis report summarizes the findings of the Financial Sector Assessment Program (FSAP) exercise for China undertaken in 2010 by a joint International Monetary Fund (IMF) and World Bank team. The first mission (June) assessed the observance of selected international standards and codes, and initiated discussions on a broad range of financial sector issues. The second mission (December) completed its review and presented a draft Aide-Memoire along with draft technical and background notes covering a range of topics relevant to China's financial sector. This report points out near-term risks, reform challenges and development opportunities China confronts as it continues to modernize its financial sector. China faces potential vulnerabilities, near-term risks and policy-induced distortions common to an evolving financial system. The challenges and opportunities are not unique, and can be addressed. The author proposes that the authorities could consider carefully sequencing the following reforms and development options: (i) further deepening the commercial orientation of the financial system; (ii) moving to more market-based means of controlling monetary and financial conditions; (iii) further strengthening regulation and supervision; (iv) upgrading the framework for financial stability and crisis management; (v) revising the strategy for financial inclusion to achieve improved access to financial services ; (vi) continuing steps to support a broad based capital market; and (vii) continue to strengthen and deepen the insurance and pension sectors; and (viii)continue enhancement of the financial market infrastructure.en
dc.identifierhttp://documents.worldbank.org/curated/en/2011/11/17872338/china-financial-sector-assessment
dc.identifier.doi10.1596/15913
dc.identifier.urihttps://hdl.handle.net/10986/15913
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CAPITAL
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectALLOCATION OF CAPITAL
dc.subjectALTERNATIVE FUNDING
dc.subjectALTERNATIVE INVESTMENT
dc.subjectARBITRAGE
dc.subjectASSET MANAGEMENT
dc.subjectASSET QUALITY
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK BOND
dc.subjectBANK BOND MARKET
dc.subjectBANK BONDS
dc.subjectBANK DEPOSITS
dc.subjectBANK LOAN
dc.subjectBANK REGULATION
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR REFORMS
dc.subjectBANKING SYSTEM
dc.subjectBOND
dc.subjectBOND MARKET
dc.subjectBOND MARKET DEVELOPMENT
dc.subjectCAPITAL GROWTH
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL RAISING
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCAPTIVE INVESTOR
dc.subjectCLEARING CORPORATION
dc.subjectCOLLATERAL
dc.subjectCOLLECTIVE INVESTMENT
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANK ASSETS
dc.subjectCOMMERCIAL BANK CREDIT
dc.subjectCOMMERCIAL BANK LOANS
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY PRICES
dc.subjectCOMMON MATURITIES
dc.subjectCONSUMER PROTECTION
dc.subjectCONTINGENT LIABILITIES
dc.subjectCONTINGENT LIABILITY
dc.subjectCORPORATE DEBT
dc.subjectCORPORATE GOVERNANCE
dc.subjectCREDIT COOPERATIVES
dc.subjectCREDIT DELIVERY
dc.subjectCREDIT DELIVERY SYSTEM
dc.subjectCREDIT EXPANSION
dc.subjectCREDIT FLOWS
dc.subjectCREDIT GROWTH
dc.subjectCREDIT MARKETS
dc.subjectCREDIT PROGRAMS
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCREDIT RATINGS
dc.subjectCREDIT RISK
dc.subjectCREDIT STANDINGS
dc.subjectCREDITORS
dc.subjectDEBT ISSUANCE
dc.subjectDEBT ISSUANCE STRATEGY
dc.subjectDEBT ISSUER
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSITORS
dc.subjectDERIVATIVES MARKETS
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC CAPITAL MARKETS
dc.subjectDURABLE
dc.subjectELIGIBLE INVESTMENT
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET ECONOMIES
dc.subjectEQUITY MARKETS
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL HEALTH
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL RISKS
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFISCAL POLICY
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME MARKET
dc.subjectFIXED INCOME MARKETS
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN EXCHANGE
dc.subjectFUTURE CASH FLOWS
dc.subjectFUTURES
dc.subjectFUTURES EXCHANGE
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BOND MARKET
dc.subjectGOVERNMENT BOND MARKETS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT FINANCING
dc.subjectHEDGE FUNDS
dc.subjectHOLDING
dc.subjectHUMAN RESOURCES
dc.subjectHYPOTHECATION
dc.subjectIMPLICIT GUARANTEES
dc.subjectINCOME LEVELS
dc.subjectINFLATION
dc.subjectINFORMAL CREDIT
dc.subjectINFORMAL LENDERS
dc.subjectINFORMATION DISCLOSURE
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINITIAL PUBLIC OFFERINGS
dc.subjectINSOLVENCY REGIME
dc.subjectINSTITUTIONAL INVESTOR
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE DERIVATIVES
dc.subjectINTEREST RATE POLICIES
dc.subjectINTEREST RATE REGIME
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT ACTIVITIES
dc.subjectINVESTMENT VEHICLE
dc.subjectINVESTMENT VEHICLES
dc.subjectINVESTOR BASE
dc.subjectINVESTOR PARTICIPATION
dc.subjectINVESTOR PROTECTION
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL SYSTEMS
dc.subjectLIABILITY
dc.subjectLIABILITY MANAGEMENT
dc.subjectLIFE INSURANCE
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY MANAGEMENT
dc.subjectLOAN
dc.subjectLOAN RATES
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectLONG-TERM LOANS
dc.subjectMACROECONOMIC POLICIES
dc.subjectMARKET COMPETITION
dc.subjectMARKET CONFIDENCE
dc.subjectMARKET DEVELOPMENTS
dc.subjectMARKET DISCIPLINE
dc.subjectMARKET INFRASTRUCTURE
dc.subjectMARKET INTEREST RATES
dc.subjectMARKET MAKING
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET PRACTICES
dc.subjectMATURITIES
dc.subjectMATURITY
dc.subjectMATURITY MISMATCHES
dc.subjectMICRO CREDIT
dc.subjectMICRO-FINANCE
dc.subjectMONETARY POLICY
dc.subjectMONEY MARKET
dc.subjectMONEY MARKETS
dc.subjectMORAL HAZARD
dc.subjectMUTUAL FUNDS
dc.subjectNONPERFORMING LOANS
dc.subjectNPL
dc.subjectPAYMENT SYSTEM
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPORTFOLIO
dc.subjectPOSTAL SAVINGS
dc.subjectPRICE FORMATION
dc.subjectPRICE RISK
dc.subjectPRICE RISKS
dc.subjectPRIVATE EQUITY
dc.subjectPRUDENTIAL STANDARDS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC SECTOR DEBT
dc.subjectRATES OF RETURN
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY OVERSIGHT
dc.subjectREGULATORY STRUCTURE
dc.subjectREPO
dc.subjectREPO MARKET
dc.subjectREPO MARKETS
dc.subjectREPOS
dc.subjectRESERVES
dc.subjectRETURNS
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEMS
dc.subjectRISK POOLING
dc.subjectRURAL CREDIT
dc.subjectSAVINGS BANK
dc.subjectSAVINGS DEPOSITS
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKET LIQUIDITY
dc.subjectSECURITIES
dc.subjectSECURITIES MARKET
dc.subjectSECURITIES MARKETS
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT SYSTEM
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDERS
dc.subjectSOLVENCY
dc.subjectSTATE GUARANTEES
dc.subjectSTOCK EXCHANGE
dc.subjectSTRATEGIC INVESTOR
dc.subjectSTRUCTURAL PROBLEMS
dc.subjectSUB-NATIONAL DEBT
dc.subjectSUB-NATIONAL DEBT MARKETS
dc.subjectSUBORDINATED DEBT
dc.subjectTAX
dc.subjectTERRORISM
dc.subjectTRADING
dc.subjectUNDERWRITERS
dc.subjectYIELD CURVE
dc.titleChina : Financial Sector Assessmenten
dspace.entity.typePublication
okr.date.disclosure2013-06-17
okr.date.doiregistration2025-05-07T11:46:02.508719Z
okr.doctypeEconomic & Sector Work::Financial Sector Assessment Program (FSAP)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2011/11/17872338/china-financial-sector-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid582981468220508451
okr.identifier.externaldocumentum000333037_20130617110455
okr.identifier.internaldocumentum17872338
okr.identifier.report78497
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/06/17/000333037_20130617110455/Rendered/PDF/784970BR0FSAP000Box377344B00PUBLIC0.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryChina
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.unitFinancial Sector Assessment Prog (FFSFP)
okr.volume1 of 1
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