China plans national financial regulator

China plans to set up an agency to link regulatory efforts by the central bank, market watchdogs and other monitors, a deputy finance minister said Wednesday 13 September.

Such an agency would be meant to respond to changes in China's evolving financial industry, Vice Finance Minister Li Yong said in a speech to a financial conference.

"We are trying to set up a financial supervisory coordinating system between the central bank, fiscal department and financial regulators," Li said. He did dot s