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The National Development and Reform.....>

CHINA PRESS
CHINA PRESS: The National Development and Reform Commission has accelerated
approvals for the issuance of corporate bonds, according to a report on Friday
in Securities Daily. Citing analysts, the report said the corporate issuance
would convey the Government's intention to stabilize market demand and the rate
of economic growth. Companies would be more willing to issue bonds as the looser
monetary policy had lowered issuance costs. So far this year 97 companies have
been approved to issue more than CNY440 billion of bonds. 

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