国内英语资讯:Pilot reform removes permit for corporate bank account
<p><span word="BEIJING">BEIJING</span>, <span word="Feb">Feb</span>. 19-- <span word="Companies">Companies</span> <span word="in">in</span> <span word="Jiangsu">Jiangsu</span> <span word="and">and</span> <span word="Zhejiang">Zhejiang</span> <span word="provinces">provinces</span> <span word="in">in</span> <span word="east">east</span> <span word="China">China</span> <span word="no">no</span> <span word="longer">longer</span> <span word="have">have</span> <span word="to">to</span> <span word="ask">ask</span> <span word="for">for</span> <span word="official">official</span> <span word="approval">approval</span> <span word="when">when</span> <span word="opening">opening</span> <span word="bank">bank</span> <span word="accounts">accounts</span> <span word="starting">starting</span> <span word="Feb">Feb</span>. 25, <span word="as">as</span> <span word="China">China</span> <span word="continues">continues</span> <span word="reforms">reforms</span> <span word="to">to</span> <span word="improve">improve</span> <span word="its">its</span> <span word="business">business</span> <span word="environment">environment</span>.</p><p><span word="Pilot">Pilot</span> <span word="reform">reform</span> <span word="to">to</span> <span word="the">the</span> <span word="effect">effect</span> <span word="was">was</span> <span word="tried">tried</span> <span word="in">in</span> <span word="two">two</span> <span word="cities">cities</span> <span word="in">in</span> <span word="Jiangsu">Jiangsu</span> <span word="and">and</span> <span word="Zhejiang">Zhejiang</span> <span word="last">last</span> <span word="year">year</span>, <span word="and">and</span> <span word="the">the</span> <span word="People">People</span>'<span word="s">s</span> <span word="Bank">Bank</span> <span word="of">of</span> <span word="China">China</span> (<span word="PBOC">PBOC</span>) <span word="said">said</span> <span word="Tuesday">Tuesday</span> <span word="it">it</span> <span word="will">will</span> <span word="now">now</span> <span word="expand">expand</span> <span word="the">the</span> <span word="reform">reform</span> <span word="to">to</span> <span word="the">the</span> <span word="whole">whole</span> <span word="of">of</span> <span word="the">the</span> <span word="two">two</span> <span word="provinces">provinces</span>.</p><p><span word="The">The</span> <span word="reform">reform</span> <span word="is">is</span> <span word="expected">expected</span> <span word="to">to</span> <span word="cut">cut</span> <span word="the">the</span> <span word="average">average</span> <span word="time">time</span> <span word="for">for</span> <span word="opening">opening</span> <span word="a">a</span> <span word="corporate">corporate</span> <span word="account">account</span> <span word="from">from</span> <span word="about">about</span> <span word="four">four</span> <span word="days">days</span> <span word="to">to</span> <span word="just">just</span> <span word="one">one</span> <span word="to">to</span> <span word="two">two</span> <span word="days">days</span>.</p><p><span word="The">The</span> <span word="PBOC">PBOC</span> <span word="will">will</span> <span word="encourage">encourage</span> <span word="commercial">commercial</span> <span word="banks">banks</span> <span word="to">to</span> <span word="innovate">innovate</span> <span word="their">their</span> <span word="accounts">accounts</span> <span word="services">services</span> <span word="for">for</span> <span word="private">private</span>, <span word="small">small</span> <span word="and">and</span> <span word="micro">micro</span>-<span word="sized">sized</span> <span word="enterprises">enterprises</span>.</p>
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