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Author:Sun, Yiping
Sun, Fei
Title:The trends in the development of non-banking financial institutions in China (original in Chinese)
Journal:China National Conditions and Power Monthly (c)
1997 : 4, p.14-16
Index terms:FINANCING
COMPANY FLOTATION
GROWTH
CHINA
Language:chi
Abstract:According to statistics, China's non-banking financial institutions have already reached more than 1000. Among them there are over 400 trust investment companies, near 100 securities companies , 60-odd financial companies under enterprise groups, about 20 financial leasing companies as well as a lot of fund management companies, mortgage houses and insurance companies. Their business scope covers principal deposits and loans, deposits and loans in trust, investment, insurance stock, funds and leasing, which touch almost every social and economic field both at home and abroad. Non-banking financial institutions have become an important force which can not be replaced in the course of deepening modern finance.
SCIMA record nr: 160494
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