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Access to Finance: Microfinance Innovations in the People's Republic of China

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 | #3242923 in eBooks |  2015-01-01 |  2015-01-01 | File type: PDF

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The People's Republic of China (PRC) has adopted a more market-oriented approach by promoting rural microfinance, pursuing bottom-up innovations such as group lending, various forms of guarantees, new financial products based on purchase orders and insurance policies, and better incentives for agriculture funding from financial institutions. In 2009, the PRC sought the assistance of the Asian Development Bank to study how to optimize policy choices in rural finance using...

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