City commercial banks stand before new frontiers

Premier Li Keqiang has put a stamp of approval on speeding up reforms of state-dominated financial institutions, interest rate liberalisation, and the free conversion of the mainland's currency - all of which are part of the government's top economic reforms identified for the next few years until 2015.

via Business feed http://www.scmp.com/business/banking-finance/article/1310592/city-commercial-banks-stand-new-frontiers