tailieunhanh - Rural Finance and Credit Infrastructure in China

China’s rural financial system has changed dramatically over the last twenty five years, but rural financial reforms were lagging behind changes in the real economy and required further economic transition. As in other countries moving towards a market economy, the reform of banking systems and the creation of efficient financial markets in China continues to be among the most difficult reform issues. Poorly functioning official financial markets push rural population to rely on informal institutions. This set of circumstances encouraged the Chinese Ministry of Agriculture to request the OECD to organise the to discuss the ways of establishing a comprehensive and efficient rural credit system providing. | China in the Global Economy Rural Finance and Credit Infrastructure in China CHINA IN THE GLOBAL ECONOMY Rural Finance and Credit Infrastructure in China OECD ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960 and which came into force on 30th September 1961 the Organisation for Economic Co-operation and Development OECD shall promote policies designed - to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries while maintaining financial stability and thus to contribute to the development of the world economy - to contribute to sound economic expansion in member as well as non-member countries in the process of economic development and - to contribute to the expansion of world trade on a multilateral non-discriminatory basis in accordance with international obligations. The original member countries of the OECD are Austria Belgium Canada Denmark France Germany Greece Iceland Ireland Italy Luxembourg the Netherlands Norway Portugal Spain Sweden Switzerland Turkey the United Kingdom and the United States. The following countries became members subsequently through accession at the dates indicated hereafter Japan 28th April 1964 Finland 28th January 1969 Australia 7th June 1971 New Zealand 29th May 1973 Mexico 18th May 1994 the Czech Republic 21st December 1995 Hungary 7th May 1996 Poland 22nd November 1996 Korea 12th December 1996 and the Slovak Republic 14th December 2000 . The Commission of the European Communities takes part in the work of the OECD Article 13 of the OECD Convention . OECD CENTRE FOR CO-OPERATION WITH NON-MEMBERS The OECD Centre for Co-operation with Non-Members CCNM promotes and co-ordinates OECD s policy dialogue and co-operation with economies outside the OECD area. The OECD currently maintains policy co-operation with approximately 70 non-member .