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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

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Commodity exchanges --- Marketing --- Prices --- Trade regulation --- S10/0320 --- S10/0420 --- S10/0470 --- S10/0585 --- S10/0590 --- 338.24 <510> --- 338 <510> --- 339.54 <510> --- 658.8 <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> --- 339.54 <510> Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel--?<510> --- Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel--?<510> --- 658.8 <510> Marketing. Sales. Selling. Distribution--?<510> --- Marketing. Sales. Selling. Distribution--?<510> --- 338 <510> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--?<510> --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--?<510> --- Commodities exchange --- Commodity markets --- Exchanges, Commodity --- Exchanges, Produce --- Produce exchanges --- Futures market --- Commercial products --- Produce trade --- Speculation --- Government policy --- China: Economics, industry and commerce--Money and banking: since 1949 --- China: Economics, industry and commerce--Public finance and taxation: since 1949 --- China: Economics, industry and commerce--Commerce inside China: since 1949 --- China: Economics, industry and commerce--Marketing (including consumption) --- China: Economics, industry and commerce--Distribution --- #A9503E --- China --- Economic policy --- Economic policy and planning (general)

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China's economic performance hs been remarkable since the the reform process began 15 years ago. Notwithstanding the achievements that have been made, a number of serious problems remain. This papers discusses the current reform program and the effors being made to overcome the structural impediments to growth.

International finance --- Economic policy and planning (general) --- China --- Foreign exchange --- Monetary policy --- Fiscal policy --- Economic policy --- reforme economique --- politique economique --- -Monetary policy --- -politique monetaire --- -politique fiscale --- commerce exterieur --- chine --- 330.05 --- 338.951 --- Tax policy --- Taxation --- Finance, Public --- Monetary management --- Currency boards --- Money supply --- Cambistry --- Currency exchange --- Exchange, Foreign --- Foreign currency --- Foreign exchange problem --- Foreign money --- Forex --- FX (Finance) --- International exchange --- Currency crises --- economische hervorming --- economisch beleid --- monetair beleid --- fiscaal beleid --- buitenlandse handel --- china --- Government policy --- -S10/0251 --- -Fiscal policy --- -338.24 <510> --- 338 --- (510) --- $?$95/01 --- CN / China - Chine --- 331.31 --- 336.61 --- 333.820 --- 330.548 --- 330.540 --- 331.32 --- China: Economics, industry and commerce--General works and economic history: since 1989 --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- Economisch beleid. --- Financieel beleid. --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Nationalisatie. Privatiseringen. --- Socialistische stelsels: algemeenheden. --- Structuur van de economie. --- -Working papers --- S10/0251 --- 338.24 <510> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- -International finance --- Cina --- Kinë --- Cathay --- Chinese National Government --- Chung-kuo kuo min cheng fu --- Republic of China (1912-1949) --- Kuo min cheng fu (China : 1912-1949) --- Chung-hua min kuo (1912-1949) --- Kina (China) --- National Government (1912-1949) --- China (Republic : 1912-1949) --- People's Republic of China --- Chinese People's Republic --- Chung-hua jen min kung ho kuo --- Central People's Government of Communist China --- Chung yang jen min cheng fu --- Chung-hua chung yang jen min kung ho kuo --- Central Government of the People's Republic of China --- Zhonghua Renmin Gongheguo --- Zhong hua ren min gong he guo --- Kitaĭskai︠a︡ Narodnai︠a︡ Respublika --- Činská lidová republika --- RRT --- Republik Rakjat Tiongkok --- KNR --- Kytaĭsʹka Narodna Respublika --- Jumhūriyat al-Ṣīn al-Shaʻbīyah --- RRC --- Kitaĭ --- Kínai Népköztársaság --- Chūka Jinmin Kyōwakoku --- Erets Sin --- Sin --- Sāthāranarat Prachāchon Čhīn --- P.R. China --- PR China --- Chung-kuo --- Zhongguo --- Zhonghuaminguo (1912-1949) --- Zhong guo --- Chine --- République Populaire de Chine --- República Popular China --- Catay --- VR China --- VRChina --- 中國 --- 中国 --- 中华人民共和国 --- Jhongguó --- Bu̇gu̇de Nayiramdaxu Dundadu Arad Ulus --- Bu̇gu̇de Nayiramdaqu Dumdadu Arad Ulus --- Bu̇gd Naĭramdakh Dundad Ard Uls --- Khi︠a︡tad --- Kitad --- Dumdadu Ulus --- Dumdad Uls --- Думдад Улс --- Kitajska --- 338.24 <510> --- Socialistische stelsels: algemeenheden --- Nationalisatie. Privatiseringen --- Economisch beleid --- Structuur van de economie --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Financieel beleid --- Working papers --- politique fiscale --- politique monetaire --- Foreign exchange - China. --- Monetary policy - China. --- Fiscal policy - China. --- China - Economic policy - 1976 --- -Foreign exchange --- Banks and Banking --- Foreign Exchange --- Money and Monetary Policy --- Public Finance --- Macroeconomics --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Taxation, Subsidies, and Revenue: General --- Personal Income and Other Nonbusiness Taxes and Subsidies --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Fiscal Policy --- Public finance & taxation --- Monetary economics --- Currency --- Banking --- International economics --- Income and capital gains taxes --- Income tax systems --- Personal income --- Taxes --- National accounts --- Credit --- Money --- Income tax --- Banks and banking --- Revenue --- China, People's Republic of

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Industrial economics --- Economic policy and planning (general) --- China --- S10/0520 --- S10/0250 --- 338.24 <510> --- 658.11 <510> --- Industries --- -Industrial production --- Industry --- Economics --- China: Economics, industry and commerce--Industry: since 1949 --- China: Economics, industry and commerce--General works and economic history: 1976 - 1989 --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- Kinds and forms of enterprise--?<510> --- Case studies --- Economic policy --- -S10/0520 --- -China: Economics, industry and commerce--Industry: since 1949 --- 658.11 <510> Kinds and forms of enterprise--?<510> --- 338.24 <510> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- -Industrial economics --- Cina --- Kinë --- Cathay --- Chinese National Government --- Chung-kuo kuo min cheng fu --- Republic of China (1912-1949) --- Kuo min cheng fu (China : 1912-1949) --- Chung-hua min kuo (1912-1949) --- Kina (China) --- National Government (1912-1949) --- China (Republic : 1912-1949) --- People's Republic of China --- Chinese People's Republic --- Chung-hua jen min kung ho kuo --- Central People's Government of Communist China --- Chung yang jen min cheng fu --- Chung-hua chung yang jen min kung ho kuo --- Central Government of the People's Republic of China --- Zhonghua Renmin Gongheguo --- Zhong hua ren min gong he guo --- Kitaĭskai︠a︡ Narodnai︠a︡ Respublika --- Činská lidová republika --- RRT --- Republik Rakjat Tiongkok --- KNR --- Kytaĭsʹka Narodna Respublika --- Jumhūriyat al-Ṣīn al-Shaʻbīyah --- RRC --- Kitaĭ --- Kínai Népköztársaság --- Chūka Jinmin Kyōwakoku --- Erets Sin --- Sin --- Sāthāranarat Prachāchon Čhīn --- P.R. China --- PR China --- Chung-kuo --- Zhongguo --- Zhonghuaminguo (1912-1949) --- Zhong guo --- Chine --- République Populaire de Chine --- República Popular China --- Catay --- VR China --- VRChina --- 中國 --- 中国 --- 中华人民共和国 --- Jhongguó --- Bu̇gu̇de Nayiramdaxu Dundadu Arad Ulus --- Bu̇gu̇de Nayiramdaqu Dumdadu Arad Ulus --- Bu̇gd Naĭramdakh Dundad Ard Uls --- Khi︠a︡tad --- Kitad --- Dumdadu Ulus --- Dumdad Uls --- Думдад Улс --- Kitajska --- -Industries --- Industrial production --- 1976 --- -Congresses --- China - Industries - Case studies. --- China - Economic policy - 1976 --- -Economic policy and planning (general) --- Industries, Primitive --- China - Economic policy - 1976-

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S10/0580 --- S10/0655 --- 65.012.4 <510> --- 338.24 <510> --- Management --- -Joint ventures --- -Adventures, Joint --- Joint adventures --- Joint undertakings --- Ventures, Joint --- Partnership --- International business enterprises --- Administration --- Industrial relations --- Organization --- 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> --- 65.012.4 <510> Management. Directorate. Technique and methods of management--?<510> --- Management. Directorate. Technique and methods of management--?<510> --- China: Economics, industry and commerce--Management of enterprises (general, theories) --- China: Economics, industry and commerce--Joint ventures --- China --- Economic conditions --- -Firms and enterprises --- Economic policy and planning (general) --- Organization theory --- Joint ventures --- Management. --- Firms and enterprises --- -S10/0580 --- -Management --- Gestion --- Sociétés en participation --- Chine --- Conditions économiques --- Cina --- Kinë --- Cathay --- Chinese National Government --- Chung-kuo kuo min cheng fu --- Republic of China (1912-1949) --- Kuo min cheng fu (China : 1912-1949) --- Chung-hua min kuo (1912-1949) --- Kina (China) --- National Government (1912-1949) --- China (Republic : 1912-1949) --- People's Republic of China --- Chinese People's Republic --- Chung-hua jen min kung ho kuo --- Central People's Government of Communist China --- Chung yang jen min cheng fu --- Chung-hua chung yang jen min kung ho kuo --- Central Government of the People's Republic of China --- Zhonghua Renmin Gongheguo --- Zhong hua ren min gong he guo --- Kitaĭskai︠a︡ Narodnai︠a︡ Respublika --- Činská lidová republika --- RRT --- Republik Rakjat Tiongkok --- KNR --- Kytaĭsʹka Narodna Respublika --- Jumhūriyat al-Ṣīn al-Shaʻbīyah --- RRC --- Kitaĭ --- Kínai Népköztársaság --- Chūka Jinmin Kyōwakoku --- Erets Sin --- Sin --- Sāthāranarat Prachāchon Čhīn --- P.R. China --- PR China --- Chung-kuo --- Zhongguo --- Zhonghuaminguo (1912-1949) --- Zhong guo --- République Populaire de Chine --- República Popular China --- Catay --- VR China --- VRChina --- 中國 --- 中国 --- 中华人民共和国 --- Jhongguó --- Bu̇gu̇de Nayiramdaxu Dundadu Arad Ulus --- Bu̇gu̇de Nayiramdaqu Dumdadu Arad Ulus --- Bu̇gd Naĭramdakh Dundad Ard Uls --- Khi︠a︡tad --- Kitad --- Dumdadu Ulus --- Dumdad Uls --- Думдад Улс --- Kitajska --- Adventures, Joint --- Management - China --- Joint ventures - China - Management