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​China’s NDRC updates on progress in campaign to cut irregular banking charges

( July 31, 2015, 06:45 GMT | Official Statement) -- MLex Summary: China’s National Development and Reform Commission today said it has partially corrected irregular charges imposed by commercial banks. Measures taken by the NDRC include increasing support to small- and micro-companies, eliminating a large number of charges related to financing services, cutting the number of categories of charged services, lowering charging standards and improving internal management mechanisms, the statement said. The statement follows:...

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