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China's Financial Reform Accelerates
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China's National Financial Regulatory Administration (NFRA) collaborates with the General Administration of Financial Supervision to accelerate the reform of smaller financial institutions, aiming to tighten supervision, address key individuals and behaviors causing major financial risks, and optimize the structure of banking institutions.
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How might the accelerated reform of smaller financial institutions impact the stability and efficiency of the overall financial sector in China?
How might the reforms affect the competitive landscape of the financial industry in China?
What challenges could arise in tightening supervision and addressing key individuals and behaviors causing major financial risks?
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