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China to Raise Direct Financing in Capital Markets: News

CHINA PRESS

China will continue to allow more share offerings as a greater source of capital raising and reduce the reliance on debt, the Financial News reported on Monday citing Yi Huiman, chairman of the China Securities Regulatory Commission. China will also promote competition and access to the stock market, said Yi. He said that China would support capital market innovation and the use of long-term incentives, according to the report.

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