New guidelines point to further financial sector deregulation

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    Institutions encouraged to focus on risk control

    China's banking regulator has issued new sets of guidelines on project finance and loans for fixed assets which push forward deregulation of the country's financial sector.

    The Guidelines on Project Finance (项目融资业务指引) and Tentative Measures for the Administration of Loans for Fixed Assets (固定资产贷款管理暂行办法) were issued by the China Banking Regulatory Commission (CBRC) on July 18 and 23 2009.

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