1、The Chinese central bank has released a financial reform plan for the 2011-2015 period.The plan touches on areas including marketization of exchange and interest rates, the convertibility of the yuan under Chinas capital account, as well as plans to encourage more private capital to enter the financ
2、ial sector.The guidelines say government intervention in small-scale financial activity will be reduced. The governments role will be further clarified during the reform.It also encourages more private capital to enter the financial sector.For more on this financial reform plan, CRIs reporter earlier spoke to Shen Hong, China Bureau Chief of Dow Jones Newswires.
