Friday, December 19, 2008

Ceiling. China Eyes 17 Pct Money Supply Growth In 2009 Read.




-- It pledged a series of initial customer base innovations, including launching brand-new types of bear up and dab futures and expanding the corporate cord market, especially for companies concerned in tone infrastructure projects. -- It said it would start NASDAQ-style start-up boards when felicitous and demonstrate essential estate investment trusts (REITs) on a leader basis. -- Listed banks will be allowed to acquisition and market bonds issued on the country's reserve exchanges on a pilot basis. -- The command will foster firms to carry out mergers and acquisitions by buying shares on the selection market, sneering down on red tape that hinders such moves. -- The ministry will stride up support for loan certify companies, including exempting them from some taxes, to inspiration more lending to small- and medium-sized enterprises. -- It will supplement the investment channels for indemnity firms, including encouraging them to get bonds of companies snarled in infrastructure, telecoms, verve and rural projects. -- To reform trade financing, the Export-Import Bank of China will enlarge its suitable interest rates to companies that export their own brand-name goods, or those containing their own highbrow property. -- Foreign stock market rules will become more accommodative to firms affected in trade; the equate of export bills firms can prepay and the section of imports they can tarrying pay on will increase to 25 percent from 10 percent.

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