ABC Agricultural Bank of China

ABS Asset-backed security

ADB Asian Development Bank

ADBC Agriculture Development Bank of China

AMC Asset Management Company

BBVA Banco Bilbao Vizcaya Argentaria

BOCI BOC International Holdings Ltd

BOCOM Bank of Communications

CAPE China Association of Private Equity

CAR capital adequacy ratio

CBEX China Beijing Equity Exchange

CBOT Chicago Board of Trade

CBRC China Banking Regulatory Commission

CBSRCC China Beijing Stock Registration & Custody Center

CCB China Construction Bank

CCBOT Shanghai Agricultural Products E-Business Co., Ltd

CDB China Development Bank

CDC China Government Securities Depository Trust & Clearing Corporation. Ltd

CDS Credit Default Swap

CFETS China Foreign Exchange Trade System

CFFEX China Financial Futures Exchange

CFMMC China Futures Margin Motoring Center Corporation Limited

CFO Chief Financial Officer

CGB China Guangfa Bank

CHIC Central Huijin Investment Company

CIC China Investment Corporation

CICC China International Capital Corporation

CIMC China International Marine Containers

CIRC China Insurance Regulatory Commission

CIS Collective Investment Schemes

CMB China Merchants Bank

CNOOC China National Offshore Oil Corporation

COFCO China National Cereals, Oils and Foodstuffs Corporation

COMAC Commercial Aircraft Corporation of China Limited

COMEX New York Commodity Exchange

COO Chief Operation Officer

CRM Credit Risk Mitigation

CRMA Credit Risk Mitigation Agreement

CRMW Credit Risk Mitigation Warrant

CSCCRC China Securities Central Clearing & Registration Corporation

CSDCC China Securities Depository and Clearing Corporation Limited

CSFC China Securities Finance Corporation Limited

CSFS Credit Suisse Founder Securities Limited

CSRC China Securities Regulatory Commission

CTA China Trustee Association

DCE Dalian Commodity Exchange

EBITDA Earnings Before Interest, Taxes, Depreciation and Amortization

EIBC Export-import Bank of China

EIE equity investment enterprises

EIME Equity Investment Management Enterprises

ETF exchange traded fund

FDI foreign direct investment

FIVCE Foreign-Invested Venture Capital Enterprises

FOF fund of fund

FRA forward rate agreements

FSB Financial Stability Board

FX foreign exchange

GAAP Generally Accepted Accounting Principles

GDP Gross Domestic Product

GEM Growth Enterprise Market

GMO genetically modified

GP General Partner

HKEX Hong Kong Exchange

HNWI high net worth individuals

HSBC Hong Kong and Shanghai Banking Corporation

IB International Board

IBC Industrial Bank Corporation Limited

ICBC Industrial and Commercial Bank of China

ICE International Commodities Exchange

IFC International Finance Corporation

IFRS International Financial Reporting Standards

IMF International Monetary Fund

IPO initial public offering

IR interest rate

IRR internal rate of return

JV joint venture

LLDPE linear low density polyethylene

LME London Metal Exchange

LOF listed open-end fund

LP limited partner

M&A mergers and acquisitions

MBS mortgage-backed security

MIIT Ministry of Industry and Information Technology

MOF Ministry of Finance

MOFCOM Ministry of Commerce

NAFMII National Association of Financial Market Institutional Investors

NASDAQ National Association of Securities Dealers Automated Quotations

NCSSF National Council for Social Security Fund

NDF non-deliverable forward

NDRC National Development and Reform Commission

NEEQ National Equities Exchange and Quotations

NET National Electronic Trading System

NPL non-performing loan

NSSF National Social Security Fund

OTC over-the-counter

P2P peer to peer

PBOC People’s Bank of China

PE private equity

P/E price to earnings ratio

PIPE private investments in public equity

PTA pure terephthalic acid

QDII Qualified Domestic Institutional Investor

QFII Qualified Foreign Institutional Investor

QFLP Qualified foreign limited partner

RBD Refined, bleached and deodorized

RCC Rural Credit Cooperatives

RCM Red Chip Model

RCMAR Review Committee of Merger, Acquisition and Reorganization

RDIF Russia Direct Investment Fund

RMB Renminbi

ROA Return on assets

ROE Return on equity

ROI Return on investment

RQFII RMB Qualified Foreign Institutional Investor

S&ED Strategic and Economic Dialogue

SAC Securities Association of China

SAEC State Administration of Exchange Control

SAFE State Administration of Foreign Exchange

SAIC State Administration for Industry and Commerce

SASAC State-owned Assets Supervision and Administration Commission of the State Council

SAT State Administration of Taxation

SATC State Administration for Industry and Commerce

SD&C China Securities Depository and Clearing Corporation Limited

SEC Securities and Exchange Commission

SFPI Belgian Federal Holding and Investment Company

SGE Shanghai Gold Exchanges

SHCOMP Shanghai Stock Exchange Composite Index

SHFE Shanghai Futures Exchange

SHIBOR Shanghai Interbank Offered Rate

SME small and medium-sized enterprise

SMEB Small and Medium-sized Enterprise Board

SOE state-owned enterprise

SOX Sarbanes–Oxley Act

SPDB Shanghai Pudong Development Bank

SPV special purpose vehicles

SSE Shanghai Stock Exchange

SSF Social Security Fund

STAQ Securities Trading Automatic Quoting System

STS Share Transfer System

SWF sovereign wealth fund

SZCOMP Shenzhen Stock Exchange Composite Index

SZSE Shenzhen Stock Exchange

T-bond Treasury bond

TBM The Third Board Market

TMT technology, media and telecom industries

TOCOM Tokyo Commodity Exchange

UHNWI ultra-high net worth individual

VAM valuation adjustment mechanism

VATS value-added telecommunication services

VEB Vnesheconombank

VIE variable interest entities

WMP wealth management product

WTO World Trade Organization

ZCE Zhengzhou Commodity Exchange