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PBOC States Need to Advance Legislation/ Amendments for People's Bank Law and Financial Stability Law
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The Communist Party Committee of the People's Bank of China (PBOC) held an expanded meeting today (18th), emphasizing the need to continuously deepen financial reform and opening up. The meeting further stated the need to advance legislation and amendments for the People's Bank Law and the Financial Stability Law. It emphasized practicing global governance initiatives and actively participating in and promoting global financial governance reforms. It supports the construction of the Shanghai International Financial Center and aims to consolidate and enhance Hong Kong's status as an international financial center. The meeting also focused on strengthening financial risk prevention and control capabilities in an open environment to safeguard national financial security. AASTOCKS Financial News Website: www.aastocks.com |
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