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Zhang Hongli gives a speech in Beijing on Sept 5, 2013. [Photo/CFP] |
Zhang Hongli, vice-president of Industrial and Commercial Bank of 皇冠体育app and a member of the National Committee of the Chinese People's Political Consultative Conference
Some clauses in regulations are now outdated. They don't fit the new market environment or the practical need in new economic development. This constraints companies from investing abroad. The rules should be modified and incorporated in Securities Laws.