Promulgated: September 17 2012
Effective: From 2011 to 2015
Main contents: The Plan stipulates that the establishment of the preference share system shall be explored (Section One, Part Four).
People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission and State Administration of Foreign Exchange, The 12th Five-year Plan for the Development and Reform of the Financial Industry
中国人民银行、中国银行业监督管理委员会、中国证券监督管理委员会、中国保险监督管理委员会、国家外汇管理局金融业发展和改革“十二五”规划
China to allow issuance of preference shares.
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