China to deepen reform of local financial regulatory mechanism
Share - WeChat


BEIJING -- China will deepen the reform of its local financial regulatory mechanism, according to a plan submitted Tuesday to the national legislature for deliberation.
To do that, China will develop a local financial regulatory mechanism with agencies dispatched by central financial regulators as the mainstay, said the plan on reforming State Council institutions.
The institutional structure and resources of these dispatched agencies will be optimized in a coordinated manner, the plan noted.
- Youth exchanges bridge US-China understanding in Hainan
- China advances TCM-Western medicine integration in treating complex diseases
- China's top legislator meets New Zealand's PM
- Folk dance drama 'Dream of the Red Mansions' staged in Taipei
- New self-powered sensing system sheds light on environmental monitoring
- 3 confirmed dead in flooded underground garage in Central China