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Taiwan Banks to Have More Preferential Policies in China: Dai Xianglong

According to Dai Xianglong, governor of the People's Bank of China, who attended the Fortune Global Forum in Hong Kong, China will give more preferential policies to Taiwan banks which open branches in the mainland.

Dai said China welcomed Taiwan banks to set up branches in the mainland, and they would be given more preferential policies because of the special relationship between Taiwan and the mainland.

(People's Daily 05/11/2001)

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