Noting Down China's Financial Reform is areview and summary of the most importantpractices and major events in the reform anddevelopment of China's financial industry sincethe 1990's. A record of the process of China'sfinancial reform, it interprets and analyzes thereform principles and policies with a seniorbanker's insight over the past 20 years.

杨凯生，武汉大学经济学院毕业，博士，研究员。现为北京大学经济学院兼职教授、中国政法大学兼职教授、中国人民银行金融研究所博士生导师，北京大学互联网金融研究中心特约高级研究员。
杨凯生曾任中国华融资产管理公司总裁，中国工商银行副董事长、行长，工银瑞信资产管理公司董事长，南非标准银行副董事长。
杨凯生是第十一届、十二届全国政协委员。

Preface to the English Edition
Prologue: The Bank Has Many Aspects, I Know Just a Few
Part One China's AMCs in Their Early Days: The Key Facts to Understand Them
A Reasonable Pricing of Distressed Assets Crucial for AMCs' Operations
China's AMCs Are Not Losing to RTC
Operations and Development of China's Financial AMCs
Attracting Foreign Capital to Dispose of China's Distressed Assets
How to Dispose of State-Owned Commercial Banks' NPLs
Exploring a New Mechanism to Develop AMCs in the New Circumstances
A New Path for Non-Performing Loan Securitization
D'Long's Trusteeship-One of Huarong's Innovative Experiences in Distressed Asset Disposal
Part Two China's Banking Reform and Development: The Big Picture and Some Unique Perspectives
A New Chapter for ICBC-ICBC's First Press Conference After the Joint-Stock Reform
Some Thoughts on Maintaining the CAR of Chinese Commercial Banks
The Essence of Financial Lease
The Classification of MSEs Needs to Be Improved
China Should Be Alert to Risks Caused by Insufficient Financial Innovation
The Real Economy and the Financial Industry Are Not Opposed to Each Other
The Business Model and Challenges of the Chinese Banking Industry.
On Establishing Banks With Private Capital Promoters
Several Issues to Clarify About China's Banking Industry
Excess Capacity and Excess Lending: Issues to Be Resolved When Entering the New Normal
Promoting Healthy Development of China's Bill Market
My Views on the Loan-to-Deposit Ratio Requirement
Credit Asset Securitization Should Be Accelerated
Some Insights From the Securitization of Credit Assets in the United States
When Simply Expanding Investment Is no Longer a Good Idea
Some Thoughts on the Debt-to-Equity Swap
Part Three 2008 Financial Crisis: Reflections on Some Critical Issues
The Subprirne Mortgage Crisis From a New Perspective
Two Points on Improving the Fair Value Measurement
A Rational Look at Standard & Poor's Rating Revision
The Fifth Anniversary of Lehman Brothers' Fall
Part Four Internet Finance: What Is Right and What Is Wrong
Thoughts on Internet Finance
Development of Internet Finance Needs Healthy and Good Cultural Support
Integration, Inheritance and Innovation Are the Way Forward for Internet Finance
What Does Financial Innovation Need in Addition to Technology?
How Commercial Banks Build Their Big-Data Capability and Apply it in Risk Management
Big-Data Misinterpretation in Internet Finance and Its Examples
Sustainable Development of Internet Finance Needs Reining in Trial-and-Error Costs .
Epilogue: Follow Dialectics and Avoid Overstatement