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BEIJING T.Y. Hilton Black Jersey , Dec. 28 (Xinhua) -- China will further cut red tape to create a better business environment for foreign banks, the country's banking regulator said Thursday.


The China Banking Regulatory Commission (CBRC) will revise rules on administrative licensing for foreign banks to minimize the approval items and unify market entry standards for Chinese and foreign banks, the CBRC said in an online statement.


The CBRC will clarify procedures and application materials for foreign and joint venture banks to invest in domestic banking institutions after a notice issued in March approved such behavior.


In the notice, the CBRC also eased license requirements for foreign and joint-venture banks in services including treasury bond underwriting and financial advising.


Foreign banks will only need to report to authorities after they launch certain services Andrew Luck Black Jersey , rather than obtaining approval in advance, according to the revised rules.


The public has until January 27 next year to give suggestions on the revised rules, the CBRC said.


China has been gradually opening up its financial sector, with authorities pledging to ease caps on foreign ownership in Chinese banks and financial asset management companies.


The CBRC also said earlier that it would broaden the business scope of foreign banks Ryan Kelly Camo Jersey , including easing restrictions on renminbi retail banking for foreign banks.




ISLAMABAD, Jan. 2 (Xinhua) -- Pakistan on Monday strongly condemned the terrorist attacks in the Afghan city of Jalalabad, the northern Afghan province of Balkh and a Coptic Church in Egypt.


Nearly 18 people were killed and several others injured when a suicide bomber struck a funeral of a former government official in Jalalabad on Sunday, according to officials.


A magnetic mine blast in Balkh province killed at least one person on Sunday Quincy Wilson Camo Jersey , reports said.


"Pakistan condemns terrorism in all forms and manifestations and reaffirms its firm commitment for continued efforts and cooperation for elimination of this menace. We express solidarity with the government and people of Afghanistan in the fight against terrorism," a Foreign Ministry statement said on Monday.


"We believe concerted efforts by states, and close cooperation among them, are needed for eliminating the common challenge of terrorism Malik Hooker Camo Jersey ," the statement said.


The Foreign Ministry also condemned the heinous terrorist attack on a Coptic Church in Helwan in the South of Cairo on Dec. 29 in 2017, resulting in the loss of precious and innocent lives.


"We would like to convey our deepest condolences and heartfelt sympathies to the families of the victims. We pray for a full recovery of those who were injured due to the attack," the statement said.



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