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Chinese regulators weigh to divide commercial banks into three layers to align with different supervision schemes

Chinese regulators issued an exposure draft on Saturday to solicit public opinions on the management measures of commercial banks capital, as they consider dividing commercial banks into three layers to match with different supervision schemes.

1 central document" for 2023 outlined nine tasks from ensuring grain supply and bolstering high-quality rural industries, to increasing farmers incomes and developing a beautiful countryside.Ensuring food security is the top priority of the work to build China s strength in agriculture, Tang said at a press conference on Tuesday.

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