Finance in Rural China  book cover
1st Edition

Finance in Rural China

  • Available for pre-order on February 8, 2023. Item will ship after March 1, 2023
ISBN 9781032439914
March 1, 2023 Forthcoming by Routledge
184 Pages 12 B/W Illustrations

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Book Description

The book offers insights into the scholarly debates on formal and informal finance in rural China and fills a gap in existing literature.

The book provides an overview of the overall development of rural finance in China and explains the necessity of embarking on the pathway toward rural financial pluralization through "Local Knowledge Paradigm". The authors also analyze formal and informal financial development, and inclusive finance (including digital inclusive finance) in rural China in various dimensions.

This book aids the understanding of the structure of the rural financial system and the operations of rural financial service providers in China. It will be a useful reference for those researching on and interested in informal economy and rural development.

Table of Contents

1.Towards a competitive and inclusive financial market in rural china: a theory-driven approach  2. 70 years’ evolution of the rural financial system of the people’s republic of china 3. Farm households' demand for and access to loans in rural china 4. Ownership, governance and interests of financial institutions within the rural credit cooperative system 5. Improving the financial sustainability of the financial institutions within the rcc system: problems and policy options 6. The development of digital inclusive finance in chinese counties: index construction, measurement and analysis 7. China’s financing support for poverty alleviation

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Xingyuan Feng is Professor of Rural Development Institute, Professor of Graduate School, Deputy Secretary-General of the Center of Small and Medium Scale Banking Institutions of Chinese Academy of Social Sciences (CASS), and Director of the Committee of Rural Finance of the Rural Development Society of China (RDSC). He received his PhD in economics from University of Witten/Herdecke, Germany. Xingyuan’s main research fields include the Australian School of Economics, Freiburg School, Public Choice, constitutional economics, new institutional economics, evolutionary economics, private sector development, government finance, banking and finance, SME finance, rural finance, as well as local and rural governance.

Guangwen He is Professor of the Department of Finance and Director of Center for Rural Finance & Microfinance Research at China Agricultural University. He focuses on rural finance, cooperative finance, microfinance & inclusive finance, financial demand & supply of farm households & MSEs and institutional & business innovation of small & medium financial institutions. Guangwen has been very active in field surveys. He was Visiting Professor at Duisburg University, Germany and Visiting Researcher at Norinchukin Bank Research Institute, Japan. He had also provided his expertise in microfinance and rural finance projects of World Bank, ADB, IFAD, KFW and etc. in China.

Tongquan Sun is Research Fellow and the Director of the Rural Finance Research Office of Rural Development Institute (RDI) of Chinese Academy of Social Sciences (CASS), a professor of the University of CASS, and the Secretary General of the Rural Development Society of China. He received his Bachelor and Master degree from the University of International Business and Economics (UIBE) in economics and law respectively, and PhD from the Post-graduate School of CASS in Management. He was a visiting scholar at Duke University’s Sanford School of Public Policy in USA. He is a recipient of the Prize for Rural Development Research in China. He had provided consultancies to the government of China, some international development organizations, such as the World Bank, UNDP, IFAD, ILO, United Nations Resident Coordinator’s Office in China, and international and national NGOs. His main research interests are microfinance, financial inclusion, rural financial cooperatives, credit guarantee and poverty reduction etc.

Christer Ljungwall is an economist specialized in international trade, knowledge production and innovation. He is Associate Professor in economics at Gothenburg University, Sweden. He has held several positions over the years including guest Professor at PKU-HSBC Business School in P.R China; Science Counselor at the Embassy of Sweden in P.R China; Associate Professor at Copenhagen Business School, Denmark; Sr. Economist with the Asian Development Bank and Research-fellow at Peking University P.R China. He is the author of numerous academic articles in economics, four books, and 100+ reports. His current research work focuses on Int. trade, knowledge production & innovation, and geoeconomics. He is advisor to governments and businesses, and a frequently invited speaker on issues pertaining to Asian economic development and innovation. Dr. Ljungwall received his PhD in economics from Gothenburg University in 2003.