Publisher : Almanac of China's Finance and Banking Editorial Board
Published Date : 8/2011
Frequency : Annually
Language : Chinese
Weight : 1.60kg
Availability : Usually ship within 48 hours
Book Type : Report
Estimated Shipping Time

Since 2009, China Banking Association Professional Committee of the bank card to start writing the "China card industry Blue Book (2009)." In the People's Bank, Banking Regulatory Commission guidance and support of relevant departments under the Professional Committee of the bank cards of all members of the unit's participation and efforts, "China's credit card industry Blue Book (2009)" and "Chinese credit card industry Blue Book (2010)" has available, objective summary of the results given period and the credit card industry, the main problems, reveals the credit card industry development trends. The book embodies the Bank Card Committee of the member units of the collective wisdom, is representative of the credit card industry, Bank of China Banking Association Professional Committee of the work of a card outstanding results. In 2010, our credit card industry maintained a good momentum of rapid development: a steady increase card volume, transaction size continued to grow, to further improve the acceptance market, credit card activity to increase substantially the risk management system has been improved, bad credit card rate gradually declined, continuously improve the legal environment, bank card crime has been effectively curbed. China's banking sector through the establishment of public funds to carry out public service activities, contributions to poverty alleviation and building Hope Primary School and other forms of participation in social welfare undertakings, and adhere to their own growth and social development are closely linked. Banks were issued for the Service "Agriculture", promote "humane, love, and dedication," the spirit of protecting the environment, save the rare species, to promote charitable patriotism, love of children and other forms of public credit. Banks to create value and efficiency in the process. Not only effectively fulfill its responsibility to serve the community, but also to guide and encourage broad participation in public welfare cardholders, realized the value and practice of social responsibility to create the perfect fusion. National "five" Plan proposed to "build long-term mechanism to expand domestic demand and promote economic growth to consumption, investment and exports change", let the consumption over investment and exports, the primary driving force of economic development. This is to the credit card industry has brought new development opportunities; and have issued a credit card business related regulatory authorities, is intended to guide and regulate the entire industry toward sustainable, healthy and rapid development forward. We hope to use the "China card industry Blue Book (2010)," the publication provides a summary of the credit card for the banking industry experience, future trends, opportunities, hope that all members of the unit of credit card industry to grasp opportunities and solve development issues related to business risk management and control is good, environment and optimize the credit card market competition order, credit card industry to jointly promote the healthy development of science! Credit card industry as an emerging service industry, in the national economy has been a very important strategic position, it has penetrated into many aspects of the national economy. At the same time, and because the credit card industry itself, elements of intensive, meticulous division of labor, job focus, etc., make credit card industry has played a spread to other industries, associated effects on the economy had a greater role. In 2010, China's credit card market size and scale of operations continue to expand rapidly, growing popularity of consumer credit card, credit card spending in retail sales of social consumer goods accounted for 32%, credit cards have become the most important in daily life of residents of non-cash payment instruments . As of the end of 2010, domestic credit card volume reached 230 million ①, up 23.96% over the previous year; live card the amount of 13 1.58 million, up 37.42% over the previous year; live card rate of 57.21% over the previous year 5.61 percentage points; our credit card transactions amounted to 5.11 trillion yuan ②, up 46 percent over the previous year; transaction amount up to 24 million transactions, up 21.83% over the previous year. Acceptance within the environment continues to improve, areas above the county level the basic national network, merchants, POS and ATM acceptance terminals continued to expand. Accept the basic network coverage outside of major countries and regions worldwide, covering the major Chinese outbound tourists travel area. As of the end of 2010, China accepted total 2.183 million businesses, up 39.36% over the previous year, the domestic POS terminals to accept credit cards combined 3.334 million, up 38.44% over the previous year; domestic ATM terminal 27.1 million units, compared with 26.11% the previous year; the acceptance of CUP cards in overseas businesses and continue to increase the number of accepting terminals. As of the end of 2010, 850,000 overseas merchants accepted; the same period, POS terminals accepting 1.04 million units, ATM terminal receiving 820,000 units. Product features continue to improve the credit card, online payment, mobile payment and other electronic payment methods to maintain rapid growth, further expansion of credit card applications. Compared with 2009, increasing supervision of credit risk in the joint efforts of the issuer, the risk of fraud to be effectively curbed, significantly improved credit risk. As of the end of 2010, outstanding credit balances increased 82.8% over the previous year, additional loss of overdraft balance in 2010 decreased 38.4% over the previous year, credit card fraud losses fell 32.38% over the previous year, credit card fraud loss rate decreased over the previous year 0.004 percentage points, within the issuer's credit card account balance delay decreased 21.4% over the previous year. In 2010, fraud risk and credit risk are two key risk indicators showing a double down a good situation. The face of fierce competition, the credit card market, China's commercial banks are required to make full use of service strategy, market segmentation strategies to increase development efforts, take advantage of the many advantages of local bank branches, expand market share, improve their technical and service standards, change their sense of service, change from passive to active service, speed up customer service center, constantly strengthen product innovation ability, develop strategies to actively expand the credit card, sound card environment and to the intense international competition in the future to get to the living space . Outlook 2011, our credit card industry is ushering in the golden period of accelerated development: credit card-related legislation will gradually speed up the process, the industry gradually improve the legal system; with the "New Basel Capital Accord", and the gradual implementation of adequate risk measurement tools application, our credit risk management will be more like science; credit card business to continue to improve the standard of intensive management, the application of science and technology will continue to deepen, especially the combination of credit and the Internet more closely, more precision-oriented marketing, operational efficiency and marketing effectiveness improve the customer experience, service quality, service value are to be effectively enhanced development of the industry will take on the scale, quality and efficiency indicators for comprehensive and balanced growth situation. This book has been in the preparation of People's Bank of China, China Banking Regulatory Commission, China Banking Association and the Bank Card Committee of the strong support of all members of the unit, to express my sincere thanks. Written by the staff time and capacity constraints, the book there are many less than satisfactory, sincere hope correction.