Li Zou

Publication Date

7-1-2007

Summary

Asset-building concepts are being explored by the Chinese government as a possible avenue for socioeconomic reforms that are responsive to President Jintao HU’s calls for scientific development and for a focus on the countryside. We present documentation of an asset-building pilot project in Hutubi County, located in the rural Xinjiang Uygur Autonomous Region of China. In-depth interviews were conducted with randomly selected program participants to gain a sense of how the program affects individuals and development. The experiences of six families from the region involved in asset building are related in this report. From these experiences, asset ownership is seen to lead to the following positive effects: A cycle through which new asset owners take steps to acquire additional assets; improved financial skills; and a more positive and stable socioeconomic outlook.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Global Asset Building

Notes

The English version of this source was subsequently published in the Asia Pacific Journal of Social Work and Development (https://doi.org/10.1080/21650993.2009.9756056). For the English version of this Working Paper, see https://doi.org/10.7936/K76T0M4M

Original Citation

Zou, L. (2007). 中国新疆维吾尔自治区资产建设项目初探: 对呼图壁县试点项目参与者的深度访谈 [Asset building in the Xinjiang Uygur Autonomous Region of China: In-depth interviews with participants in the Hutubi Pilot Study] (Translation of CSD Working Paper No. 07-16). St. Louis, MO: Washington University, Center for Social Development.

Project

China: Inclusive Asset-Based Policy

Keywords

poverty, in-depth interview, asset ownership, China, microfinance, social insurance, retirement, GAP

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