Date
20 October 2017

PBoC eyes Shanghai FTZ financial reform in 3 months, Xinhua says

China’s central bank will launch financial reform in the Shanghai Free Trade Zone in three months and come up with a working model in one year, the official Xinhua news agency reported Tuesday. Reform policies will be reviewed after six months, Zhang Xin, vice director of the Shanghai office of the People’s Bank of China, was quoted as saying. The time table is in line with a broader rollout of financial reform toward a nationwide implementation by 2020, the report said.        

– Contact HKEJ at [email protected]

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