China's National Balance Sheet (2015): Leverage Adjustment and Risk Management

  • Yang Li
  • Xiaojing Zhang
  • Xin Chang

Table of contents

  1. Front Matter
    Pages i-xvi
  2. General Report

    1. Front Matter
      Pages 1-1
    2. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 3-20
    3. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 21-29
    4. Yang Li, Zhang Xiaojing, Chang Xin
      Pages 31-34
    5. Yang Li, Zhang Xiaojing, Chang Xin
      Pages 35-43
  3. Sectoral Analysis

    1. Front Matter
      Pages 45-45
    2. Yang Li, Zhang Xiaojing, Chang Xin
      Pages 47-75
    3. Yang Li, Zhang Xiaojing, Chang Xin
      Pages 77-86
    4. Yang Li, Zhang Xiaojing, Chang Xin
      Pages 87-101
    5. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 103-108
    6. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 109-134
    7. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 135-160
    8. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 161-182
    9. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 183-203
    10. Yang Li, Xiaojing Zhang, Xin Chang
      Pages 205-218
  4. Back Matter
    Pages 219-240

About this book

Introduction

The book aims at perfecting the national governance system and improving national governance ability. It evaluates the balance sheets of the state and residents, non-financial corporations, financial institutions and the central bank, the central government, local government and external sectors – the goal being to provide a systematic analysis of the characteristics and trajectory of China’s economic expansion and structural adjustment, as well as objective assessments of short and long-term economic operations, debt risks and financial risks with regard to the institutional and structural characteristics of economic development in market-oriented reform. It puts forward a preliminary analysis of China’s national and sectoral balance sheets on the basis of scientific estimates of various kinds of data, analyzes from a new perspective the major issues that are currently troubling China – development sustainability, government transformation, local government debt, welfare reform, and the financial opening-up and stability – and explores corresponding policies, measures, and institutional arrangements. 

Keywords

leverage adjustment risk management national governance financial institutions development sustainability government transformation welfare reform economic expansion sovereign assets net national assets

Authors and affiliations

  • Yang Li
    • 1
  • Xiaojing Zhang
    • 2
  • Xin Chang
    • 3
  1. 1.National Finance and Development LaboratoryBeijingChina
  2. 2.National Finance and Development LaboratoryBeijingChina
  3. 3.Institute of Economics, CASSBeijingChina

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-10-7733-3
  • Copyright Information China Social Sciences Press and Springer Nature Singapore Pte Ltd. 2018
  • Publisher Name Springer, Singapore
  • eBook Packages Economics and Finance
  • Print ISBN 978-981-10-7732-6
  • Online ISBN 978-981-10-7733-3
  • About this book