China Premier Li Keqiang chaired a State Council executive meeting on June 19, studying the deployment of policies and measures to support economic restructuring, transformation and upgrading.
The meeting studies and nailed down policies and measures to promote private capital to enter the financial sector. Encourage private capital to participate in the restructuring of financial institutions and explore the establishment of risk-bearing private banks, financial leasing companies and consumer finance companies sponsored by private capital. Further play the role of private capital in the reform and development of village banks.
Source:
http://www.sinocast.com/readbeatarticle.do?id=95034
