CHINA CONTACT
CONTENTS
INTRODUCTION
Definitions & Report Coverage
Glossary
Other Access Asia Reports of Possible Interest:
Executive Summary
1 MARKET BACKGROUND
1.1 Fast Facts
1.2 RMB Exchange Rates
1.2.1 Exchange Rates: China
Table 1.1 AVERAGE ANNUAL
EXCHANGE RATES, 1997¨C2003
1.2.2 Exchange Rates: Hong Kong
Table 1.2 AVERAGE ANNUAL
EXCHANGE RATES, 1997¨C2003
1.3 The Regions of China
Map 1.1 CHINA: PROVINCES AND MUNICIPALITIES
1.4 China's GDP
Table 1.3 GDP AND COST OF LIVING INDEX,
1997¨C2003
2 THE DEVELOPMENT OF ASSET MANAGEMENT IN CHINA
2.1 Background to China's AMC Market
Table 2.1 TOTAL LOANS OUTSTANDING IN CHINA,
2000-2003
Table 2.2 CHINA¡¯S AMCs - DISPOSAL &
RECOVERY OF NPLs/ASSETS, 2002
Table 2.3 CHINA¡¯S AMCs - DISPOSAL &
RECOVERY OF NPLs/ASSETS, 2003
2.2 Scope of Operation for AMCs in China
2.3 Debt-Equity Swaps in China
2.4 Institutional Links Between State Banks
and AMCs
2.5 Initial Asset Management Business
2.6 Ongoing Asset Management Business
Table 2.4 CHINESE GOVERNMENT DEBT, END-2002
2.7 Problems Facing the AMCs
2.7.1 Problems Facing the AMCs:
Restrictions on Foreign Investment
2.7.2 Problems Facing the AMCs:
Independent Funding
2.7.3 Problems Facing the AMCs:
New Ways to Handle Bad Debt
2.8 Asset Management and the PBoC
Table 2.5 GOVERNMENT DEBT IN CHINA AS A
PERCENTAGE OF GDP, 200-2003
2.9 Financial Sector Reform
2.10 The Current State of China's SOEs
Table 2.6 INDUSTRIAL VALUE ADDED IN
CHINA BY ENTERPRISE OWNERSHIP TYPE, 2003*
Table 2.7 LOSS-MAKING FIRMS ON CHINA'S
STOCK MARKETS, 1996-2000
Table 2.8 REAL GROWTH IN FIXED ASSET
INVESTMENT IN CHINA, 2000-2003
Table 2.9 NEW LOAN GROWTH IN CHINA,
2000-2003
Table 2.10 NEW LOANS SHARE OF GDP IN
CHINA, 2002-2003
2.11 Foreign Participation in China's
Asset Management Sector
2.12 Factors Influencing Market Growth
2.12.1 Factors Influencing
Market Growth: Overview
2.12.2 Factors Influencing
Market Growth: Foreign Investment
2.12.3 Factors Influencing
Market Growth: Consumer Lending
Table 2.11 CONSUMER LOANS
- SHARE OF NEW LOANS IN CHINA, 2001-2003
3 ASSET MANAGEMENT COMPANY PROFILES
3.1 China Huarong Asset Management
Corporation
3.1.1 China Huarong: Company
Details
3.1.2 China Huarong: Company
Background
3.1.3 China Huarong: Current
Operations
3.1.4 China Huarong: Future
Strategy
3.2 China Great Wall Asset Management
Company
3.2.1 China Great Wall: Company
Details
3.2.2 China Great Wall: Company
Background
3.2.3 China Great Wall: Current
Operations
3.2.4 China Great Wall: Future
Strategy
3.3 China Xinda Asset Management Company (Cinda)
3.3.1 China Xinda: Company
Details
3.3.2 China Xinda: Company
Background
3.3.3 China Xinda: Current
Operations
3.3.4 China Xinda: Future
Strategy
3.4 Dongfang Asset Management Company
(Oriental)
3.4.1 Dongfang: Contact Details
3.4.2 Dongfang: Company
Background
3.4.3 Dongfang: Current
Operations
3.4.4 Dongfang: Future Strategy
3.5 Guangdong Guangye Asset Management
Company
3.5.1 Guangdong Guangye: Company
Details
3.5.2 Guangdong Guangye: Company
Background
3.6 Initial Foreign Involvement
4 CONTACTS
4.1 Trade Organisations
4.1.1 The China Banking Industry
Association
4.1.2 The Guangdong Bank
Association
4.2 Government Departments
4.2.1 Ministry of Finance
4.2.2 China Insurance Regulatory
Committee (CIRC)
4.2.3 State Economic & Trade
Commission
4.2.4 China Securities
Regulatory Commission (CSRC)
5 APPENDIX - REGULATIONS ON FINANCIAL ASSET-MANAGEMENT COMPANIES
Chapter I: General Provisions
Article 1
Article 2
Article 3
Article 4
Chapter II: Company Establishment and Business Scope
Article 5
Article 6
Article 7
Article 8
Article 9
Article 10
Chapter III: Scope, Amount and Capital Source for Purchasing Bad Loans
Article 11
Article 12
Article 13
Article 14
Article 15
Chapter IV: Debt-equity Swap
Article 16
Article 17
Article 18
Article 19
Article 20
Article 21
Article 22
Article 23
Chapter V: Company Operation and Management
Article 24
Article 25
Article 26
Article 27
Article 28
Article 29
Article 30
Chapter VI: Termination and Liquidation
Article 31
Article 32
Chapter VII: Supplementary Provisions
Article 33
Article 34