Brief Introduction

 

 

I. Main Content

Data in this chapter show the development of China’s banking, securities and insurance, in the following 5 aspects: (1) The number of the institutions and personnel in the banking system; (2) The financial activities of banking institutions; (3) The changes of the interest rates of the deposits and loans; (4) The direct financing; (5) The business of insurance.

II. Sources of Data:

(1) Table 20-1 showing number of institution and employed person in finance system are prepared by the personnel departments of the Headquarter of the People’s Bank of China on the basis of the related administrative registers.

(2) Data on the financial activities of banking institutions are 20-2 credit funds balance sheet of financial institutions (sources of funds), 20-3 credit funds balance sheet of  financial institutions (uses of funds), 20-4 cash income of financial institutions, 20-5 cash expenditures of financial institutions, 20-6 cash statistics of financial institutions, 20-7 sources and uses of credit funds of national banks at the year-end, 20-8 money supply at the year-end, 20-9 percentage change of money supply over the last corresponding period, 20-10 nominal interest rates on deposits of financial institutions, 20-11 nominal interest rates on loans of financial institutions, 20-12 gold and foreign exchange reserves, 20-13 balance sheet of domestic business banks at the year-end and 20-14 balance sheet of foreign capital banks at the year-end. the statistics of the credit funds balance sheet of financial institutions, cash revenue and expenditure cover the People’s Bank of China, the state policy banks, the state-owned commercial banks, other commercial banks, urban and rural credit cooperatives, foreign banks, financing corporations, trust investment corporations, financing and leasing corporations, and savings deposit institutions under the postal offices. The grassroots units of the above banking institutions fill out the questionnaires and report to the higher authorities. The higher authorities tabulate the data level by level. Finally, the Department of Investigation and Statistics of the Head Office of the People’s Bank of China tabulate the data and get the national total. The data in the on the gold and foreign exchange reserves are extracted from the balance sheet of the People’s Bank of China and provided by its concerned departments.

(3)Table 20-10 nominal interest rates on deposits of financial institutions and 20-11 nominal interest rates on loans of financial institutions show the changes of the interest rates of savings deposits and loans. Data are from the interest rates of deposits and loans stipulated and published by the Head Office of the People’s Bank of China.

(4)Table 20-15 issuance of domestic securities, 20-16 general statistics on securities markets, 20-17 summary for number of listed companies, 20-18 issued share and raised capital, and 20-19 trading summary for stocks show the direct fund raising. Data are from the Statistical Yearbook on China’s Securities and Futures compiled by China Securities Regulatory Commission.

(5) Table 20-20 number of institutions and employed persons in insurance system and 20-21 economic and technical indicators of insurance companies funded with Chinese and foreign capital show the business of insurance, with data coming from the insurance statistics compiled by China Insurance Regulatory Commission.