China pledges more financial support for outsourci

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Post time:2009-09-10Source:panies were also ordered to improve policies and create more insurance products for outsourcing firms.

Outsourcing companies were encouraged to go listed in equity markets both at home and abroad to raise fund to increase their competitiveness.

Local financial authorities should roll out measures in details in line with local situations by the end of this month and put them into place, according to the circular.

The statement was jointly issued by the People‘s Bank of China,outsourcing and globalization, the Ministry of Commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission, the China Insurance Regulatory Commission and the State Administration of Foreign Exchange.

As of June this year,outsourcing and globalization, China had 6,673 outsourcing firms employing 1.215 million people, Lin Zheying, director of the department of treaty and law of the Ministry of Commerce,Print solution outsourcing, said at a conference Wednesday in Xiamen,Offshore outsourcing, Fujian Province.