People’s Republic of China: Knowledge Work on Credit Growth in Microfinance and Rural Finance

Consultants' Reports | April 2014

This is a consultant report prepared by David Lucock for the Asian Development Bank. The report is the result of a desk study of rural and micro finance systems of the People’s Republic of China conducted from November 2013 to March 2014, and a site visit from 2 to 8 March 2014,

The study focused on six financial systems, namely (i) commercial banks, including the Postal Savings Bank of China (PSBC), (ii) financial cooperatives – mainly rural credit cooperatives (RCCs) but also rural mutual credit cooperatives (RMCC), (iii) village or township banks (VTBs), (iv) microcredit companies (MCCs), and (v) poverty alleviation microfinance institutions (PAMFIs).