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Chongqing to pilot land and financial reform
By Bi Xiaoning (chinadaily.com.cn)
Updated: 2009-02-06 13:45 The State Council, or the Cabinet, said it will try to help speed up the integration between the urban and rural districts in Chongqing.
In addition, the central government has recommended that Chongqing be considered as a part for the establishment of the proposed over-the-counter market to provide an additional source of capital to local enterprises. The central government is also planning to set up a pilot scheme in Chongqing to allow insurance companies to invest in the municipality's infrastructure development. Chongqing could also be selected as the city for the pilot program of reform of the foreign exchange management system, a center for electronic bills transaction and for micro-credit companies. (For more biz stories, please visit Industries)
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