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Premier inspects financing at major banks

Updated: Jan 4,2019 2:20 PM

Premier Li Keqiang inspected the inclusive finance departments of Bank of China, Industrial and Commercial Bank of China and China Construction Bank on Jan 4, and chaired a symposium at the China Banking and Insurance Regulatory Commission.

He stressed the bigger role of counter-cyclic adjustments in macro policy, and further measures to reduce taxes and fees.

Measures for comprehensive and targeted reduction of reserve requirement ratio should be fully implemented to support financing for small and micro-sized enterprises, the Premier added.