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China's central government will.........>

CHINA PRESS
MNI (London)
CHINA PRESS: China's central government will allocate CNY2 billion each year to
pilot cities to explore effective financial services models to support private
and small companies, officials from the Ministry of Finance said in a briefing
Monday, the Securities Daily reported on Tuesday. Pilot cities in the eastern,
central and western China will be assigned CNY30, 40 and 50 million,
respectively, the report said, adding that the scheme was tentatively set to run
for 3 years until 2021.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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