Finances, values and insurances

The volume of monetary provision increased in suitable measurement and its circulation was harnessed in a certain sense. The central bank continued applying the prudent monetary policy, made use integral of diverse instruments of the monetary policy and suitably increased the volume of monetary provision. By the end of the 2000, the balance of the provision of the currency broadly speaking (M2) was of 13,5 trillions of yuanes, with an increase of 12,3% in comparison with the same period of the previous year; the one of the currency in restricted sense (M1) was of 5,3 trillions of yuanes, with an increase of 16%; and the one of the effective currency in circulation (M0) was of 1,47 trillions of yuanes, with an increase of 8,9%. The deposits and the loans were increased of constant way. The balance of the diverse deposits of all the financial institutions rose to 12,38 trillions of yuanes, with an increase of 13,8%, a little more stop than by the end of the previous year. Of this total, the balance of the deposits of the companies was of 4,4 trillions of yuanes, with an increase of 18,6%; the balance of the deposits of saving of the urban and rural residents was of 6,43 trillions of yuanes, with an increase of 7,9%. The balance of the diverse loans granted by all the financial institutions was of 9,94 trillions of yuanes, with an increase of 13,4% according to comparable calibers. Of this sum, the balance of the loans to medium and long term, that is to say, increased in 379,300 million of yuanes 30.300 million of yuanes more than the previous year. The supervision and the administration of the financial subjects intensified, and initial results in the neutralization of the risks of the financial institutions were obtained small medians and.

The stock market was developed in the middle of the regulation. In the 2000, stock-market of Values of Shanghai and the one of Shenzhen emitted action type A (including the additional ones) in 154 accounts and the actions rationed in 162 accounts, so that a total of bottoms for 149.900 million of yuanes met, with an increase of 62.500 million of yuanes on the preceding year; actions were emitted B type, H type and type dividend in 18 accounts, with a harvesting of bottoms for 20.800 million dollars; and convertible bonds of the actions were emitted type To for 2.850 million of yuanes. Through year the emission and the rationed sale of action were reunited to 324.900 million of yuanes of bottoms by means of. By the end of the year, the number of companies quoted in stock market (with action types To and B) in the continental part of the country was increased to 1.088 of the 949 registered at the end of the previous year, and these companies reached a quoted total value of 4,8091 trillions of yuanes, with an increase of 82% in comparison of a year ago. In the 2000 intern in 465,700 million of yuanes was emitted a total of bonds of national debt, with an increase of 64.200 million of yuanes on the previous year.

The services of insurances grew incessantly. In the 2000, the income of the insurance policies (including those of the insuring institutions of foreign capital) added 159.600 million of yuanes, with an increase of 14,5% on the preceding year. Of this total, the income of the insurance policies of property were of 59.800 million of yuanes; those of the insurances of life, 85.100 million of yuanes; and those of the health insurances and unexpected damages, 14.600 million of yuanes. The insuring companies disbursed 52.700 million of yuanes for diverse indemnifications and payments. Of this total, 35.100 million of yuanes corresponded to the indemnifications by the insurances of property and personal accident of short term; and 17.600 million of yuanes to the payments by the life insurances.