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PBOC Pledges Financial Support for China (Shanghai) Pilot Free Trade Zone

On December 2, 2013, the People’s Bank of China (“PBOC”) has issued the Opinions on the Financial Support for the Building of the China (Shanghai) Pilot Free Trade Zone....more

“Unprecedented” Reform of Company Registration Regime in China

On October 25, 2013, Premier Li Keqiang chaired an executive meeting of the State Council, and announced during the meeting that China is going to push forward the reform of the company registration regime, which will support...more

Pilot Development of Cross-border RMB Loans in Qianhai District

The first batch of cross-border RMB loan agreements were signed on January 28, 2013. A total of 15 lenders, including HSBC Holding Plc and Industrial & Commercial Banks of China (Asia) Ltd., will provide about RMB 2 billion...more

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