World Bank offered 255 million RMB Yuan bank loan and 10 million RMB Yuan donation in equivalent US dollars to"Sichuan Natural Gas Development and Energy-saving Project".This project includes evaluation and ...World Bank offered 255 million RMB Yuan bank loan and 10 million RMB Yuan donation in equivalent US dollars to"Sichuan Natural Gas Development and Energy-saving Project".This project includes evaluation and development of 13 gasfields and gas-bearing structures in the east-ern Sichuan,reformation of low-permeability gas fields,reformation and expanding of gas pipeline system and related environmental protection in Moxi,Bajiaocang in Middle Sichuan,technical assistance and personnel training,etc.The loan period is limited to 20 years,including five years of extension period.展开更多
Since the beginning of1995,the financial situation hasbeen gratifying with theimprovement of the macro-economic environment and thedeepening of financialrestructuring.Under the StateCouncil,the People’s Bank ofChina ...Since the beginning of1995,the financial situation hasbeen gratifying with theimprovement of the macro-economic environment and thedeepening of financialrestructuring.Under the StateCouncil,the People’s Bank ofChina has implemented thepolicy of tightening the moneysupply to a moderate degreeand strengthened thesupervision and control offinance,obtaining remarkableresults.Recently Dai Xianglong,Governor of the People’s Bankof China,introduced thefollowing aspects of thesituation:展开更多
Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial or...Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China’s financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust展开更多
The non-performing assets of China’s financial institutions totaled RMB l,800 billion. Has this threatened the safety of China’s financial industry? Where do this large amount of nonperforming assets come from?
文摘World Bank offered 255 million RMB Yuan bank loan and 10 million RMB Yuan donation in equivalent US dollars to"Sichuan Natural Gas Development and Energy-saving Project".This project includes evaluation and development of 13 gasfields and gas-bearing structures in the east-ern Sichuan,reformation of low-permeability gas fields,reformation and expanding of gas pipeline system and related environmental protection in Moxi,Bajiaocang in Middle Sichuan,technical assistance and personnel training,etc.The loan period is limited to 20 years,including five years of extension period.
文摘Since the beginning of1995,the financial situation hasbeen gratifying with theimprovement of the macro-economic environment and thedeepening of financialrestructuring.Under the StateCouncil,the People’s Bank ofChina has implemented thepolicy of tightening the moneysupply to a moderate degreeand strengthened thesupervision and control offinance,obtaining remarkableresults.Recently Dai Xianglong,Governor of the People’s Bankof China,introduced thefollowing aspects of thesituation:
文摘Since 1979 China has adopted a series of measures to reform its financial system. These measures involved establishing the macro control system of the central bank. setting up policy banks, perfecting the financial organization system, developing commercial banks and the monetary market, and reforming the foreign currency management system. The reforms of the past 15 years have brought great changes to China’s financial system. The old unified banking system was broken and diversified financing institutes emerged. Now a financial system comprising the central bank, specialized banks, commercial banks, insurance companics, trust
文摘The non-performing assets of China’s financial institutions totaled RMB l,800 billion. Has this threatened the safety of China’s financial industry? Where do this large amount of nonperforming assets come from?
