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China should promote greater............>

CHINA PRESS
CHINA PRESS: China should promote greater cooperation between large and small
banks in addition to Internet banks with the aim of creating a more sustainable
and inclusive financial ecosystem, according to a commentary in the Economic
Information Daily. Such an approach could prevent small banks being crowded out
by larger banks seeking to increase their lending to SMEs with preferential
policies, the newspaper said. Large commercial banks are required to increase
their SME loans by more than 40% this year, according to the Government Work
Report. 

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