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Financial regulators vow reform and innovation

chinadaily.com.cn | 2017-06-21 15:02

Financial regulators vow reform and innovation

"China is falling short of financial innovation, rather than excess. We cannot waver or stop what has to be done in financial reform and innovation, due to some market chaos. It's not contradictive to strengthen supervision, prevent financial risk while deepening reform and pushing innovation."

-Wang Zhaoxing, vice-chairman of the China Banking Regulatory Commission

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