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PBOC lays out tasks

2014-08-07 13:42 Global Times Web Editor: Qin Dexing
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China's central bank will increase financial support to the agricultural sector as well as small and micro-sized enterprises in the second half of this year, according to a statement posted Wednesday on its website.

The People's Bank of China (PBOC) will also speed up efforts to establish a deposit insurance system, further improve the formation mechanism of the yuan's exchange rate, as well as strengthen financial risk monitoring, the statement said.

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