Access to Finance: Microfinance Innovations in the People’s Republic of China
Asian Development Bank | January 2014
Abstract
"The People’s Republic of China (PRC) has adopted a more market-oriented approach by promoting rural microfinance, pursuing bottom-up innovations such as group lending, various forms of guarantees, new financial products based on purchase orders and insurance policies, and better incentives for agriculture funding from financial institutions. In 2009, the PRC sought the assistance of the Asian Development Bank to study how to optimize policy choices in rural finance using both top-down and bottom-up approaches. This report presents the findings of that rural microfinance study, including valuable lessons learned from several pilot microlending programs conducted in selected provinces in the PRC. It then analyzes outstanding issues in the country’s rural and microfinance markets that need to be addressed more vigorously."
Citation
Asian Development Bank. 2014. Access to Finance: Microfinance Innovations in the People’s Republic of China. © Asian Development Bank. http://hdl.handle.net/11540/2250. License: CC BY 3.0 IGO.PDF ISBN
978-92-9254-858-2
Print ISBN
978-92-9254-857-5
Keywords
Development
Finance
Development Challenges
Development Issues
Development Problems
Microenterprises Finance
Commercial Finance Companies
Enterprise Financing
ADB
Project finance
Development plans
Strategic planning
Business Financing
Investment Requirements
Insurance Companies
Insurers
Insurance stocks
Insurance holding companies
Insurance carriers
Insurance agencies
Business subsidies
Investment companies
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Citable URI
http://hdl.handle.net/11540/2250Metadata
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