Capital Markets

Chinese Capital Markets Research, Spring 2014

Chinese Capital Markets Research is published four times a year, in Japanese only. An English translation of the Table of Contents is provided here with links, when available, to related articles in English published by Nomura Institute of Capital Markets Research (NICMR). For other materials in English, please contact the author(s) or NICMR directly.

Contents

Capital Market Reform

Fundamental Reform of Finance in China and Internet Finance
WU Xiaoqiu, Finance and Securities Research Institute, Renmin University
Causes and Remedies for the Divergence between the China’s Financial Industry and the Real Economy
CHEN Daofu, Institute for Monetary and Economic Studies, Development Research Center of the State Council

Economic System

Transfer of Rural Land Accelerating: The Increasing Role of Trust Schemes
C-H Kwan, Nomura Institute of Capital Markets Research

Securitization

Asset Securitization in China: Current Status and Prospects
ZHANG Ming, Institute of World Economics and Politics, Chinese Academy of Social Sciences
ZOU Xiaomei, Research Student, China Academy of Social Sciences
GAO Bei, Institute of World Economics and Politics, Chinese Academy of Social Sciences

Asset Management

Outlook for China’s Defined Contribution Pension with Newly Introduced Tax Deferral Measures
Eiichi Sekine, Nomura Institute of Capital Markets Research
DU Jin (translator), Nomura Institute of Capital Markets Research

HOT TOPIC

Procedures to Deal with Debt Problems in China: The Case of Trust Products and Company Debt
Eiichi SEKINE, Nomura Institute of Capital Markets Research