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Premier Wen says diversified ownership of banks a certain trend


Premier Wen Jiabao said in Beijing Tuesday that with the supervision continuing to improve, diversified ownership will be a certain trend for Chinese banks, but will go through a fairly long period of time.

He said China has only a history of a dozen years in building commercial banks in true sense, and that share-holding banks have already emerged.

March 18, 2003

CCTV.com

By Xiaowei according to Xinhua News Agency

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