Abstract
After studying China’s overall assets and liabilities, this chapter discusses the sovereign sector. The latter can also be called “the general government”, including the central government, local governments, state-owned non-financial corporations, administrative institutions, the central bank and state-owned financial enterprises.
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Notes
- 1.
For example, the Meeting of the G20 Finance Ministers and Central Bank Governors had specifically adopted a motion on the issue of data missing, which pointed out that in some sectoral balance sheets there is often only the asset side, but there is no the liability side (such as the financial management of the household sector), or vice versa.
- 2.
If the land transfer system is adjusted in future and the land leasehold system is replaced by the land yearly-rent system (one-time charge of land transfer fees for several decades is replaced by charge of land rent or land use fees per year), then the income from land and resource assets will be further reduced.
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© 2017 China Social Sciences Press and Springer Science+Business Media Singapore
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Li, Y., Zhang, X. (2017). Preparation and Analysis of China’s Sovereign Balance Sheet. In: China's National Balance Sheet. China Insights. Springer, Singapore. https://doi.org/10.1007/978-981-10-4385-7_3
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DOI: https://doi.org/10.1007/978-981-10-4385-7_3
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Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-4384-0
Online ISBN: 978-981-10-4385-7
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