Official: Foreign institutions 'important force' of China's financial sector
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E-mail China.org.cn, January 26, 2024
By the end of 2023, the total assets of foreign-funded banks in China had reached 3.86 trillion yuan (US$543.32 billion), and foreign institutions have become a very important force in the country's financial sector, said Xiao Yuanqi, vice minister of the National Financial Regulatory Administration.
