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China To Increase Financial Resources For Private Economy

CHINA PRESS
MNI (Singapore)

Authorities will guide banking and insurance institutions to enrich financial products further and invest more financial resources into private companies in advanced manufacturing, technological innovation, and environmental protection, said Zhou Liang, deputy head at the National Financial Regulatory Administration in a conference on Wednesday to promote the development of private enterprises. The China Securities Regulatory Commission will make full use of various tools such as equity, bonds, funds, futures and REITs to develop the private economy and support qualified private enterprises to list overseas, said CSRC Vice Chairman Wang Jianjun.

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