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Jan 11, 2017 06:29 PM IST | Source: Reuters

China to expand funding channels for small firms

Regional share markets should develop in line with regulations, the statement added, and focus on servicing the needs of small and medium-sized firms.


China will expand funding channels for small and medium-sized firms, according to a statement posted on the website of its State Council, or cabinet, citing a meeting led by Premier Li Keqiang.


Regional share markets should develop in line with regulations, the statement added, and focus on servicing the needs of small and medium-sized firms.

These measures are important aspects of China's supply side reforms and efforts to improve multiple levels of capital markets.

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