Development of China's movable property security rights and credit market: Discussion on hot issues in China's property rights law

Author: People's Bank of China, World Bank Group, International Finance Corporation China Project Development Department
Publisher:
Publish Date: 2006-01-01
Features: Experts from the People's Bank of China and the World Bank Group conducted in-depth research in various regions of China, engaging in extensive interactions with government departments, banks, enterprises, and law firms. They conducted multi-level questionnaire surveys targeting financial institutions, small and medium-sized enterprises, credit guarantee institutions, and property rights registration agencies. Based on field investigations and international comparative studies on the protection of rights for creditors in China, the study examines from the perspectives of law and financial relationships how to establish and improve China's property rights security system, how to introduce movable property security into credit transactions through legislation and practice, and proposes important recommendations on how to further expand the use of movable property as collateral and how to design a comprehensive movable property security system.