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In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial transactions, the payments system, and the monetary policy and foreign exchange system. It also analyzes the tasks ahead to achieve the goals set in these areas for the year 2000.

Banks and banking --- Finance --- Monetary policy --- 330.05 --- 332.10951 --- banques --- chine --- finances --- politique economique --- politique monetaire --- 333.100 --- 333.101 --- 333.46 --- 333.480 --- 333.820 --- CN / China - Chine --- S10/0320 --- 336.71 <510> --- 336.74 <510> --- 336.7 <510> --- 338.24 <510> --- 336.71 <510> Bankwezen--?<510> --- Bankwezen--?<510> --- 336.7 <510> Geldwezen. Kredietwezen. Bankwezen. Financien. Monetaire econonomie. Beurswezen--?<510> --- Geldwezen. Kredietwezen. Bankwezen. Financien. Monetaire econonomie. Beurswezen--?<510> --- 336.74 <510> Geld. Geldwezen. Monetaire sector.--?<510> --- Geld. Geldwezen. Monetaire sector.--?<510> --- 338.24 <510> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- banken --- china --- financien --- economisch beleid --- monetair beleid --- Algemeenheden. Theorie en principes van de bankorganisatie en -techniek --- Banksysteem en bankstelsel --- Monetaire toestand en evolutie --- Geldstelsel --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- China: Economics, industry and commerce--Money and banking: since 1949 --- China --- Economic policy --- Working papers --- International finance --- Banks and Banking --- Finance: General --- Foreign Exchange --- Investments: General --- Money and Monetary Policy --- General Financial Markets: General (includes Measurement and Data) --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Central Banks and Their Policies --- Banking --- Investment & securities --- Monetary economics --- Currency --- Foreign exchange --- Commercial banks --- Government securities --- Credit --- Securities --- Financial institutions --- Money --- Interbank markets --- Financial markets --- Financial instruments --- China, People's Republic of