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China

Country Profile

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Read this INFORMATIVE PROFILE of the legal and regulatory environment for microfinance in China from the Comparative Database on Regulation and Supervision.

Financial Regulator

China Banking Regulatory Commission

Recommended Reading

Link to Country Essay Legal and The Regulatory Environment for Microfinance in China
Du, X.
Essays on Regulation and Supervision No. 11.

» Rural Financial Markets in China
Cheng Enjiang, Christopher Findlay, Zhu Gang, and Andrew Watson (eds.) (2003)
ANU Asia Pacific Press
» The Development of Microfinance in China
Ruomei Sun,
Rural Development Institute, Chinese Academy of Social Sciences
» Microfinance with Chinese Characteristics.
Albert Park and Changqing Ren (2000)
World Development, 29(1) 39-62
» Rural financial markets in Asia: paradigms, policies, and performance
Richard Meyer and Geetha Nagarajan (2000)
Manila: Asian Development Bank


Laws and Regulations Related to Microfinance and the Financial Sector

1995 Commercial Banking Law
Guidelines on Rural Household Micro-Credit (2001)
Law of the PRC on Banking Regulation and Supervision (2003)
Law on the People's Bank of China (2003)
Regulations governing Capital Adequacy of Commercial Banks (2004)
Regulations for the Management of Rural Credit Cooperatives (1997)


Related Links

Investment Climate Survey: China
Snapshot of how firms view the effect of economic and regulatory policies on growth, productivity and efficiency (World Bank/International Finance Corporation)
FIRST Information Exchange: China
Individual country information on financial sector donor projects, a brief description of the financial sector, and links to financial sector reports and diagnostics from international organizations. (Financial Sector Reform and Strengthening Initiative)
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