 |
|
An employee counts yuan banknotes at a bank in Huaibei, Anhui province June 22, 2010.[Photo/Agencies] |
BEIJING - China's central bank on Tuesday canceled approval procedures in the inter-bank bond trade.
The People's Bank of China (PBOC) will now pay greater attention to the bond trade to protect investors' interests. Issuers should carry out their obligation to release information in a timely manner, said a notice on the PBOC website.
The move is in line with a State Council statement in March on canceling and readjusting administrative approval.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
