Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Aug. 25 (Xinhua) — The People's Bank of China (PBOC) and two other government departments have jointly issued a circular outlining 15 specific measures to use financial power to promote high-quality forestry development in the country, the central bank said Monday.
The measures, jointly developed with the State Financial Supervision Administration and the State Forestry and Grassland Administration, cover five aspects, including expanding financial services to reform the forest collective rights system, strengthening financial guarantees for major forestry policies, and increasing financial investment in high-quality forest industry development, the PBOC said.
The central bank said that future efforts will be focused on continuously improving the quality and efficiency of financial services to deepen the reform of the forest collective rights system to support the high-quality development of China's forestry sector. –0–
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