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China will use targeted required........>

CHINA PRESS
CHINA PRESS: China will use targeted required reserve ratio cuts and other
monetary policy tools to support the provision of credit to micro and
small-sized banks, as was announced during the executive meeting of the State
Council, held by premier Li Keqiang, reported Shanghai Securities News on
Thursday. 
  - The quota for the refinancing and rediscount of micro and small-sized banks
will be increased and the interest rate of refinancing for micro and small-sized
companies loans will be decreased, Li said, according to the report. 
  - China will continue to keep its monetary policy prudent and neutral, while
keeping liquidity reasonable and abundant and also keeping the financial sector
operating steadily, the premier said, according to the report.

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