PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT
The author analyzed the development of China’s banking system from the beginning of economic reforms to the present hasbeen analyzed. The evolution of functions of both the central bank of China and commercial banks has been revealed. It is concluded that the reforms of China’s banking system includ...
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Publishing House of the State University of Management
2018
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oai:doaj.org-article:afd6f93eb95d4103a3ce0f433a0091362021-12-03T07:43:26ZPROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT1816-42772686-841510.26425/1816-4277-2018-8-116-122https://doaj.org/article/afd6f93eb95d4103a3ce0f433a0091362018-08-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/1124https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The author analyzed the development of China’s banking system from the beginning of economic reforms to the present hasbeen analyzed. The evolution of functions of both the central bank of China and commercial banks has been revealed. It is concluded that the reforms of China’s banking system including its structure were related to the tasks of developing the national economy and the banking system of the state. Direct lending to state enterprises of the «big four» banks allowed to ensure high rates of economic growth, but led to a rapid growth of «bad debts». The recommendations that will allow to increase the volume of lending to Russian development institutions, economic growth has been suggested.L. RyabchenkoPublishing House of the State University of Managementarticlecommercial bankcentral bankdevelopment banklendingbanking systemSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 8, Pp 116-122 (2018) |
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commercial bank central bank development bank lending banking system Sociology (General) HM401-1281 Economics as a science HB71-74 |
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commercial bank central bank development bank lending banking system Sociology (General) HM401-1281 Economics as a science HB71-74 L. Ryabchenko PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT |
description |
The author analyzed the development of China’s banking system from the beginning of economic reforms to the present hasbeen analyzed. The evolution of functions of both the central bank of China and commercial banks has been revealed. It is concluded that the reforms of China’s banking system including its structure were related to the tasks of developing the national economy and the banking system of the state. Direct lending to state enterprises of the «big four» banks allowed to ensure high rates of economic growth, but led to a rapid growth of «bad debts». The recommendations that will allow to increase the volume of lending to Russian development institutions, economic growth has been suggested. |
format |
article |
author |
L. Ryabchenko |
author_facet |
L. Ryabchenko |
author_sort |
L. Ryabchenko |
title |
PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT |
title_short |
PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT |
title_full |
PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT |
title_fullStr |
PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT |
title_full_unstemmed |
PROSPECTS OF USING IN RUSSIA OF EXPERIENCE OF CHINA BANKING SYSTEM DEVELOPMENT |
title_sort |
prospects of using in russia of experience of china banking system development |
publisher |
Publishing House of the State University of Management |
publishDate |
2018 |
url |
https://doaj.org/article/afd6f93eb95d4103a3ce0f433a009136 |
work_keys_str_mv |
AT lryabchenko prospectsofusinginrussiaofexperienceofchinabankingsystemdevelopment |
_version_ |
1718373589191753728 |