PBOC's Xiaoling on the corporate bond market

In the speech 'Develop corporate bond market to improve financial asset structure' given on 17 January (published 7 Feb,) Wu Xiaoling of the People's Bank of China said advancing the development of the corporate bond market is of realistic significance for improving the structure of financial assets and speeding up the growth of direct financing in China.

"In the process, we should clearly define the risk responsibilities of various parties, foster financial intermediaries and institutional

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