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The key tasks of the PBOC in the near...>

CHINA PRESS
CHINA PRESS: The key tasks of the PBOC in the near term are to promote the
healthy development of the bond market and support the financing of private
enterprises, according to Chen Yulu, deputy governor of the PBOC. Speaking in a
forum on Saturday which was reported by Sina Finance, Chen said the PBOC would
focus on the debt-to-equity swaps involving 185 companies, and cooperate with
securities regulators to guide more long-term funds into the capital market.

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