リ　リツエイ   LI Lirong   李　立栄    所属   都市創造学部 都市創造学科    職種   教授
言語種別	英語
発行・発表の年月	2012/02
形態種別	論文その他
招待論文	招待あり
標題	“Roles and Functions of the Banking Sector in the Financial System of the ASEAN+3 Region”, Chapter 6: China
執筆形態	共著
掲載誌名	ASEAN+3マクロ経済リサーチ・オフィス（AMRO）
掲載区分	国外
出版社・発行元	The Japan Research Institute, Ltd.
巻・号・頁	pp.239-309
概要	China has made progress in moving toward a more commercially‐oriented financial system through different types of financial reform since the 1990s. China is a bank-based financial system, and in particular the large commercial banks, dominate almost two thirds of financial intermediation. They have not only performed well and are sound, but are also competitive in terms of market capitalization, capital and assets with banks ranking among the Top in the world. China is the only country in the ASEAN+3 that has no deposit insurance system. Also, financial liberalization is incomplete due to strict interest rate regulation and a controlled exchange rate. As a result, informal finance and off-balance sheet activities are on the rise. The future challenge is to restructure the capital market towards a more market‐based system in line with Basel III.
researchmap用URL	https://researchmap.jp/lirong/published_papers