Chuang Men

The Village and Township Banks （VTBs） have been established as part of the financial inclusion initiative in response to the withdrawal of major banks from rural areas in China’s central and western regions since 2007. As of the end of 2021, there were 1,651 VTBs established nationwide, covering over 60% of the county-level regions. However, the VTBs are facing significant management challenges as evident from the bank runs that occurred in Henan province in 2022. This paper reflects on the history of VTBs and examines possibilities for management with greater stability to meet the financial needs of residents and small businesses in rural areas. Additionally, it also highlights the importance of strengthening bank governance during the process of becoming regionally integrated financial institutions.

本研究では、中国の銀行業に着目し、その海外進出を研究対象とし、中国経済論・経済史のアプローチに則って中国経済の対外的拡大の決定要因について、実証的に明らかにした。