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News China12 May 2023

Govt moves closer to establishing new financial regulatory authority with appointment of party secretary

| 12 May 2023

China's plans to form a new financial regulator has advanced a step as the CBIRC announced earlier this week that Mr Li Yunze, the vice governor of southwestern Sichuan province, has been appointed party secretary of the proposed agency, the National Financial Regulatory Administration (NFRA).

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