China Post And Financial Development Research

Postal finance has made prominent progresses over two decades with the renewal of its work and provided both the urban and rural dwellers with positive contributions to meet their increasing needs in financing services. However, some deep conflicts and problems are existed concerned with it. In the context of deepening finance boost, it is required to re-survey the relationship between the postal finance and post and then to acquire clear orientation of the relationship among property, ownership, and function of postal finance. This paper focuses on study of important theories concerned with postal finance development in China. Under backgrounds of further opening in Chinese finance market and modern enterprising system reconstructions in State-owned commercial banks, the paper sets forth particularity of postal finance and its institutional defections. Meanwhile, it, with view of the successful experiences of foreign counterparts, analyses the finance market environment of China Post and its business designs, and discusses the important strategic issues like managing structure of China postal finance as well as its path selection by using theories of modern finance, system economics and corporate managing structure, and puts forward the new approaches of mechanism innovation and business development. The article consists of five chapters as follows:Chapter I, analyzing particularity of postal finance in China, and establishing the basic framework of theory in postal finance. Through the systematic analysis of background arisen in postal finance, as well as the current development and characteristics, and existing problems of postal finance, the concept of postal finance is defined. As a special phenomenon of finance system in China, postal finance supplies finance services for the individual depending on postal networks. It was one of the main financing channels for the Peoples Bank of China till 2001 and constitutes the complete concept of postal finance when market operation in postal savings capital is applied. That is to deal with service of currency capital in situation of finance market, and to allocate the capital in its best way by advantage of postal infrastructure. Chapter II, comparatively analyzing development of international postal finance.The development of international postal finance is market-oriented. Although they own the different models of development as well as various businesses, postal banks in Japan, South Korea and Germany provide the China Post with useful reference and inspiration in boosting innovation, widening capital utilization channels, enhancing...