PBoC to accelerate reform process in 2015

People's Bank of China
The People's Bank of China

The People's Bank of China (PBoC) today signalled its intention to speed up its programme of financial reform over the coming year.

A statement released at the close of a conference held on January 8–9 said the PBoC was looking to "accelerate" financial reforms, the opening of its markets and interest rate reforms.

The central bank is building upon the official Communist Party work programme, agreed in early December 2014, in which the government announced efforts to speed up reforms across a br

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