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China's reform of its financial.........>

CHINA PRESS
CHINA PRESS: China's reform of its financial system will be further deepened
this year, with more policies issued for structural adjustment of the financial
sector, reported China Securities Journal on Thursday. 
- The financial sector is still not serving the real economy well - the main
form of financing is still indirect financing, and direct financing needs to be
increased. 
- Financial risks still exist, calling for a better regulated, more market-based
financial system. 
- Good financial regulation should not impede operations of the market, and
components of regulation should not conflict with one another: Li Yang, head of
state-backed National Institution for Finance and Development.

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