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China Daily | Updated: 2016-05-30 07:10

BEIJING

Cross-regional credit ratings recognized

Beijing will recognize enterprises' credit ratings from neighboring Tianjin municipality and Hebei province in a drive to integrate and coordinate development of the three regions, an official said on Saturday. "The recognition is expected to help enterprises get more financial support," said Huo Xuewen, Party chief of the Beijing Municipal Bureau of Financial Work. The bureau will support financial institutions providing cross-regional services, he added.

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