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Resolving insolvency: Commencement of proceedings index (0-3) in China (People’s Republic of)

China (People’s Republic of): Resolving insolvency: Commencement of proceedings index (0-3) was 3 DB15-20 methodology in 2019. ▲ Rising

Latest (2019)
3 DB15-20 methodology
Change on year
unchanged
World rank
1st
of 190 countries
All-time high
3 DB15-20 methodology
in 2008
All-time low
2 DB15-20 methodology
in 2003
Years of data
17
2003–2019

Resolving insolvency: Commencement of proceedings index (0-3) in China (People’s Republic of), 2003–2019

01232003201120192003: 2 DB15-20 methodology2004: 2 DB15-20 methodology2005: 2 DB15-20 methodology2006: 2 DB15-20 methodology2007: 2 DB15-20 methodology2008: 3 DB15-20 methodology2009: 3 DB15-20 methodology2010: 3 DB15-20 methodology2011: 3 DB15-20 methodology2012: 3 DB15-20 methodology2013: 3 DB15-20 methodology2014: 3 DB15-20 methodology2015: 3 DB15-20 methodology2016: 3 DB15-20 methodology2017: 3 DB15-20 methodology2018: 3 DB15-20 methodology2019: 3 DB15-20 methodology

Source: World Bank. Measured in DB15-20 methodology.

Analysis

In 2019, resolving insolvency: commencement of proceedings index (0-3) in China (People’s Republic of) stood at 3 DB15-20 methodology. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: commencement of proceedings index (0-3) in China (People’s Republic of) peaked at 3 DB15-20 methodology in 2008 and was at its lowest, 2 DB15-20 methodology, in 2003.

That places China (People’s Republic of) 1st out of 190 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.29 DB15-20 methodology 2 DB15-20 methodology 3 DB15-20 methodology 7
2010s 3 DB15-20 methodology 3 DB15-20 methodology 3 DB15-20 methodology 10

Countries ranked near China (People’s Republic of)

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See the full ranking of 190 places →

More reference data data for China (People’s Republic of)

All data for China (People’s Republic of) →

Frequently asked questions

What is resolving insolvency: commencement of proceedings index (0-3) in China (People’s Republic of)?
Resolving insolvency: commencement of proceedings index (0-3) in China (People’s Republic of) was 3 DB15-20 methodology in 2019, according to the World Bank.
What is the highest resolving insolvency: commencement of proceedings index (0-3) recorded in China (People’s Republic of)?
The highest recorded value was 3 DB15-20 methodology in 2008.
What is the lowest resolving insolvency: commencement of proceedings index (0-3) recorded in China (People’s Republic of)?
The lowest recorded value was 2 DB15-20 methodology in 2003.
How does China (People’s Republic of) rank for resolving insolvency: commencement of proceedings index (0-3)?
China (People’s Republic of) ranks 1st out of 190 countries with data for 2019.
Is resolving insolvency: commencement of proceedings index (0-3) rising or falling in China (People’s Republic of)?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this China (People’s Republic of) data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology). Statizoid updates them automatically from the source API.

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Resolving insolvency: Commencement of proceedings index (0-3) in China (People’s Republic of). Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/china/

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About this data

Indicator
Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology)
Unit
DB15-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

The commencement of proceedings index has three components: (i) whether debtors can initiate both liquidation and reorganization proceedings; (ii) whether creditors can initiate both liquidation and reorganization proceedings; and (iii) what standard is used for commence­ment of insolvency proceedings.