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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Autor principal: L. Ryabchenko
Formato: article
Lenguaje:RU
Publicado: Publishing House of the State University of Management 2018
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Acceso en línea:https://doaj.org/article/afd6f93eb95d4103a3ce0f433a009136
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spelling 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)
institution DOAJ
collection DOAJ
language RU
topic commercial bank
central bank
development bank
lending
banking system
Sociology (General)
HM401-1281
Economics as a science
HB71-74
spellingShingle 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
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