In order to dispose of the non-performing loan (NPL), the Chinese government set up one after another four state-owned asset management corporations (AMCs) in 1999, which are Cinda, Great Wall.

• 为解决银行不良资产比率过高、企业负债率过高，但银行、企业竞争力低的问题，我国于1999年相继成立了信达、长城、东方、华融四家金融资产管理公司。