Author Description

The state of China's finance sector, the inside story The definitive English-language edition of China's official government report on the state of the country's finance sector, this annual report is essential reading for anyone involved with China's banking and finance industries. The annual report summarizes and analyzes China's financial development and operations in 2010, commenting on and discussing the main financial events of the year. The report is structured around three key parts which combine to form a complete analysis: 1. Macroeconomic operation--outlining economic growth, investment, consumption, and commodity price. This section also looks at residents, enterprises, government, and overseas interests. 2. Financial operation--a detailed outline of the developments in monetary policy, the banking and insurance industries, and analyzing the trends in the money markets. It also examines financial legislation. 3. Specialized analysis--looking at new trends in China's financial development, including the development of small-sized enterprises, investment funds, housing finance, insurance and financial supervision. Edited by the Institute of Finance and Banking, Chinese Academy of Social Sciences (CASS), the specialized research unit under the direct leadership of the State Council, the main think-tank of the Chinese government The Institute of Finance and Banking mainly engages in comprehensive and systematic studies on financial theory, policies, legislation, supervision, and regulation Li Yang is the Vice Director of CASS This report provides comprehensive and valuable information for those who wish to better understand the full view of China's economy and macroeconomic policy in the current economic environment.