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Certification Systems to Be Built for Banking Employees

China has tried to build examination and certification systems for banking employees, China Banking Regulatory Commission (CBRC) Chairman Liu Mingkang is quoted as saying.

In a speech addressing a seminar of senior banking officials in early November, Liu said that China will train banking employees more professionally and more regularly, the commission reveals in its web site.

The CBRC has entrusted China Banking Association to make the drafts of examination and certification systems for banking employees, he said.

"We should improve the quality of the entire banking system to provide better services to clients," he said.

According to the commitments with accession to the World Trade Organization, China will open its financial market by the end of 2006. By then, China's banking institutions, which lag behind their counterparts around the world, will face a more competitive market, Liu said.

In this sense, China will make more efforts to foster its own first-class banking employees, he said.

(Xinhua News Agency November 7, 2005)

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