China ready for deposit insurance
China's stock index
Beijing - XINHUA
China is ready to launch a deposit insurance scheme, a central bank official said Friday.
"Preparation for the deposit insurance has ended, and it will be launched soon," said Pan Gongsheng, deputy governor of the People's Bank of China, at a media briefing.
At the end of November, the Legislative Affairs Office of the State Council published draft deposit insurance regulations for public consultation.
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