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China Development Forum 2002 Minister's Speech: Developing China's Capital Market and Speeding Up Banking Reform

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  • Dai Xianglong

Abstract

In this ministerial speech to the China Development Forum in Beijing, March 2002, I emphasise the importance of the People's Bank of China in implementing sound monetary policy and strengthening financial support for economic development. For these purposes China's capital market needs to be further developed to increase the share of direct financing, and state-owned commercial banks need to be reformed to establish appropriate incentives for loan marketing as well as internal control.

Suggested Citation

  • Dai Xianglong, 2003. "China Development Forum 2002 Minister's Speech: Developing China's Capital Market and Speeding Up Banking Reform," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 1(1), pages 131-135.
  • Handle: RePEc:taf:jocebs:v:1:y:2003:i:1:p:131-135 DOI: 10.1080/1476528032000039785
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    References listed on IDEAS

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    1. Alan Matthews, 2001. "The Possible Impact of China's WTO Membership on the WTO Agricultural Negotiations," CEG Working Papers 200110, Trinity College Dublin, Department of Economics.
    2. Kerr, William A., 2000. "Enter The Dragon: China'S Accession To The Wto," CATRN Papers 12891, Canadian Agri-Food Trade Research Network.
    3. Albert Park & Hehui Jin & Scott Rozelle & Jikun Huang, 2002. "Market Emergence and Transition: Arbitrage, Transaction Costs, and Autarky in China's Grain Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 67-82.
    4. Shujie Yao & Zinan Liu, 1998. "Determinants of Grain Production and Technical Efficiency in China," Journal of Agricultural Economics, Wiley Blackwell, vol. 49(2), pages 171-184.
    5. McErlean, Seamus & Wu, Ziping, 2003. "Regional agricultural labour productivity convergence in China," Food Policy, Elsevier, vol. 28(3), pages 237-252, June.
    6. Kerr, William A. & Hobbs, Anna L., 2001. "Taming the Dragon: The WTO After the Accession of China," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(1).
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