What's news

Governments and policies

NDRC to make it easier for firms to issue notes

The National Development and Reform Commission, the nation's top economic planner, is easing bond market rules to channel money to cash-strapped companies amid slowing economic growth, people with knowledge of the matter said. The NDRC is moving toward a system that would allow more firms to simply register to issue notes instead of getting individual approvals as they must now, the people said, asking not to be identified.