Research on Asset-backed Securitization of Forest Resources in China
Zang Yuan
Abstract
Zang Yuan
Abstract
Securitization,which is a new financing tool,is a valid solution to raise money in forestry. This paper analyzes nature character and meaning of ABS,discusses apply condition of asset-backed securitization and the positive role of forestry industry's development in China and puts forward the policy suggestions to develop asset-backed securitization of forestry resources in China.
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Securitization,which is a new financing tool,is a valid solution to raise money in forestry. This paper analyzes nature character and meaning of ABS,discusses apply condition of asset-backed securitization and the positive role of forestry industry's development in China and puts forward the policy suggestions to develop asset-backed securitization of forestry resources in China.
Key concepts: Securitization, China, Business, Asset (computer security), Finance, Off-balance-sheet, Financial system, Political science